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Gold/Mining/Energy : Canadian Technology issues

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To: Vartan who wrote (266)	2/8/1996 3:56:00 PM
From: Fred J Bealle	of 640

Right, Legacy offers nothing much new or exciting. LEG has tried to grow, by buying REXON corp, but it just scared people off. The digital VHS tape backup offers a lot more storage than 8 mm tape, and VHS tapes are VERY cheap media compared to 8mm, and internet servers need this kind of storage, along with cheap hard drives. That is the good part. The bad part is that Legacy has lots of competition. This is not rocket science, it invites imitators. There is, then, no great upside to Legacy because it does not own the field. It doesnt even fluctuate enough to be interesting. I bought and sold it around 2.85 and will not touch it again. Fred Bealle Toronto

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