Wescam (WSC TSE) Message Board

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Gold/Mining/Energy : Wescam (WSC TSE)

WSC 19.88

-0.6%

3:59 PM EST

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To: Technopeasant who wrote ()	5/28/1997 11:13:00 AM
From: crypt	of 53

Steve, The company had a bad quarter and competition is heating up. They also anounced customer delays, anounced major administrative reorganization, introduced large executive options programms (with consequent future dilution), and have a very large inventory. In my opinion, the only thing holding it up at $4 is the promise of their technology, the integration they claim to offer the customer, and their past history. If they come through with good earnings, and don't do too much accounts fiddling to achieve them, then the stock will move very smartly up. Otherwise, we will continue the ride down as confidence erodes further. Has anyone been able to get any hard numbers out of the company?

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