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Gold/Mining/Energy : Envoy Communications Group (TSE : ECG)

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To: Steve Joy who wrote (160)2/26/2000 9:07:00 PM
From: Marc Fortier  Read Replies (1) of 274
 
I am quite confident that the results will be in line with expectations. If it were off, I guess that management would have already made it public. I hope so anyway...

Like you, I expect a better valuation once we trade on the Nasdaq. I was invested in Bid.com last year, for the same reason. I made the mistake of getting of the stock with a small profit before it happened though. I just lost patience... and faith in the company. Of course, I should have been more patient. As for the faith, well, the performance of the company afterwards has proven me right.

This time around, I intend to be both patient and faithful. I think that Envoy is a well-run organization. So far, management has delivered the goods. With a strong balance sheet, ECG should be able to close a few acquisitions, right after introduction to the Nas. That should help the stock price. Let's wait a little bit; we should be rewarded.

MF
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