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Gold/Mining/Energy : Wescam (WSC TSE)
WSC 20.40-0.2%1:45 PM EST

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To: jim who wrote (31)2/26/2000 9:49:00 PM
From: zigler  Read Replies (1) of 53
 
I have been watching this stock bounce from $4 to $5 so many times over the last three years I am getting dizzy. Each time it looks like it will get some momentum and breakout it falls back to the $4 range. I just bought a bunch more at $4 so I am glad to see it start to go up, especially in a bad market. I have been very patient with this stock buying most of my shares for around $3 back a while ago.

I like the stock for the following reason.

1) They own their market
2) They trade at low p/e ratio, around 10 based on $0.40 to $0.50 earning next year.
3) They are high tech company with specialized equipment.
4) They have growing sales.

I guess nobody else see any of this or I am ignorant to something everyone else seems to know.

My hope now is that they will be bought out buy a company for a good profit. Maybe horseshit.com with no profits or revenue but a zillion dollars market capitalization will buy them for $100 per share.

Patiently Waiting
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