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Gold/Mining/Energy : MTM/TSE & MTM/MSE - Mitec Telecom Inc.

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To: Krikor who wrote (68)5/16/2000 11:36:00 PM
From: Brian MacDonald  Read Replies (1) of 70
 
KG,

It's very volatile here. They need to show that they can make profits as well as make sales and have a large back-log of orders. Short term, the best scenario (stock price wise) would be a take-over by a large company in the same business.

Can it go lower? You bet! Will it go lower? I don't know except to say that it can bounce between $4.00 and $5.00 in a few trades. Ergo, this thing could go either way in a hurry. If they ever show positive earnings, MTM would see $10.00 in a heart-beat.

Brian
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