Teklogix International Inc. TSE:TKX Message Board

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Technology Stocks : Teklogix International Inc. TSE:TKX

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To: Sultan who wrote (18)	11/16/1997 10:03:00 AM
From: zigler	Read Replies (1) of 274

Insider holdings as of July 16, 1997. J. Clifford Bernard (retired past President) owns 1,416,812 shares. J. Roderick Coutts (CEO) owns 911,488 All other directors own smaller amounts but at least 20,000 shares. I expect that with the two top guys holding 17% of the equity that there will be "some effort" to get this stock out of the ditch or at least stop its relentless fall. I orignally looked at Teklogix back when it was trading north of $20 but deemed it too expensive. I started to buy around $9 and have unfortunately (hopefully eventually fortunately) being averaging down ever since with recent purchases around $4. I do not know what else to say about this company but they sure did a number on us all with their last earnings release. However, that said, I do believe that the bad news is out of this one and with only modest earnings the shares will start to move forward again. The shares are cheap with a total equity of 40% of yearly sales. Maybe a buyout is in the works.

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