MYT - Mytec Technologies Message Board

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Gold/Mining/Energy : MYT - Mytec Technologies

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To: oss who wrote (1448)	2/8/2000 6:16:00 PM
From: antonio doria	Read Replies (2) of 1535

Recent volume and price performance seem to indicate that MYT is trying hard to establish a base at over C$ 5 in view of a possible IPO in the USA. Does anyone have an idea when this is going to happen? Can anyone try to find it out, via unofficial channels? Large transaction are taking place daily, and those who are buying probably are in the know. Is it known who is buying now? Recently someone on this thread was referring to an upcoming agreement with Bank of America. Any news in this respect? The announcement with Smith & Wesson has given credibility to MYT and the challenge is now to estimate how fast and how big the price appreciation is going to be. MYT is now due for solid growth, and all seems to indicate that these new signs of vitality are not a new edition of a "pump and dump" action, like it was few years ago. How are George Tomko and his gang behaving? If business development continues as seen recently, would it be unreasonable to think of a price of 10 for end of February, a USA IPO around mid-year/early autumn, and a price between 50 and 100 (C$) by year-end? Does anyone have any clue if any giant is interested in buying MYT out, when and at which price, and if MYT top managment may consider such a possibility. Is the shareholders protection plan (C$ 50) still in effect, in case of an unfriendly takeover? At this stage this forum should probably be more active in doing some due diligence on MYT and in trying to develop some possible scenarios for MYT for the medium term. The Exec VP Frank Chen seems to be the new "force" at MYT and he may have the winning card. Does anyone know him? Is he approachable and shareholder friendly? Look forward to your comments. Thank you and best wishes.

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