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Technology Stocks : Consilium

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To: Crossy who wrote (43)8/14/1997 4:47:00 PM
From: Sultan   of 55
 
You should check out Promis again. Share price trading on Toronto is moved pass 52 week high; although virtually no volume. Which has been the case for months now. Seems most people are expecting bigger and better things. Last few weeks, they have had a few announcement re. strategic alliance, new products and finally to-day, acquisition of MASE systems corp. of san jose (looks like a private co.)

The shares trade at a deep discount to it's competitors. It is around $ 5.35 (Canadian dollar) to-day. The target price of one analyst was around $ 8 or so before this acquisition. This year, they are expected to list on Nasdaq, although the company could not be pinned down on this. Note: I am long Promis. Their web add. is www.promis.com
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