TECSYN (Toronto-TSN) Message Board

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Gold/Mining/Energy : TECSYN (Toronto-TSN)

TSN 58.56

+0.5%

Dec 26 9:30 AM EST

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To: WINNMAN who wrote (77)	3/27/2000 10:42:00 PM
From: mick	of 78

I reacted. I picked up some after talking with some one in IR. This is the distributions from the sale of the Poly twine outfit. Essentially, this side of the outfit accounted for half the earnings, so we will probably see p/e ratio increase. As far as I can tell, the rest of the money is stable, so I guess they thought the distribution makes the most sense (should have bought a .com, maybe then it would have taken off). I don't see any downside to this. If the shares drop, so what, they still make pretty good money. I am expecting them to probably drop back down to $ 4 after the distribution. Should give a 20 - 25 % gain over a month which is a poor return for most market players who like to see that in an hour. I am going do be doing some more checking on them to see if they are a hold after the distribution. Cheers

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