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Gold/Mining/Energy : Royal Group Technologies, Ltd. (RYG)

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To: AL PELLICCIO who wrote (87)11/28/1997 9:39:00 PM
From: Julio P. Antelo  Read Replies (1) of 199
 
Difficult times.

Al, I have no news to offer. My work load and my schedule preclude me from calling the company during normal business hours and asking for info. I have to rely on press releases.

I think the weakness in the stock price is being affected by 1) general poor market conditions; 2) recent secondary offering which would have a tendency to dilute earnings; 3) trouble in the Asian economies where RYG hopes to build a strong demand for its housing system; and maybe even 4) weakness in world currencies vs. the US $ (this last one is just a wild guess).

Yeah, it would be nice to have news from the co. Especially a 10K report. Later, Julio.
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