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Gold/Mining/Energy : MYT - Mytec Technologies

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To: oss who wrote (590)9/4/1997 12:55:00 PM
From: antonio doria   of 1535
 
Appreciate, Kevin, your sharing with us today's Press Release. Which is your reading of these management changes?

I see them as positive and necessary, since it would appear that previous management was not as aggressive and marketing and business oriented as this fast moving industry requires.

My concern is that Grecco "might" be lacking the international (USA included) experience and contacts which are required for MYT to do business worldwide. I say "might" because his previous jobs (as mentioned in the release) seem to be confined to Canada. It is however important to me that Grecco worked for Tandem Computers Canada. As you know Tandem has been recently purchased by Compaq. You may see the benefits of the connection.

The market seems to appreciate these changes and the stock went to 4 a while ago.

It would be useful if other contributors to this thread care to share their views and projections here. Meantime look forward to reading yours.

Thank you and good luck. Finally some light!

Antonio
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