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Gold/Mining/Energy : Tesco Corp (TSE:TEO)

TEO 12.03

+7.3%

3:59 PM EST

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To: Richard Lam who wrote ()	8/5/1996 11:20:00 AM
From: John Stopforth	of 11

Richard I can't add a lot, except that I was a shareholder for two years and made a money with my investment. I sold at $12. cdn two months ago because I thought the share price had got ahead of itself. I've rescently considered re-entering when I read their latest quarter results which were very good. They have excellent mangement and most importantly no debt. They spent money on research and developement which makes them well positioned for future growth. John

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