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Strategies & Market Trends : Canadian Options

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To: william smith who wrote (428)5/9/1997 4:36:00 PM
From: notredame   of 1599
 
Chris/Will,

I have followed this stock for a long time and I think that Dave Simmons is right when he says that this thing is going to $50 US.

These guys essentially have the market cornered on ATM networks, with a huge distribution network and fantastic management. Their sales will easily roll of the billion mark for the first time May 19.

Watch for the movement after the earnings release. I am anticipating that the share price will move easily over $50 CDN. It was only trading at 41.50 on April 24 it has had a good move.

Options premiums are very choice. Hmmm, only to have all of my profits back from that incident on March 26......
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