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

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To: AL PELLICCIO who wrote (103)12/17/1997 10:02:00 PM
From: Julio P. Antelo  Read Replies (1) of 199
 
Many of the stocks I follow are getting hit the same way. Some claim that it can be related to year-end selling when investors total up their winners and losers and decide to dump their losers to offset any capital gains they may have with other stocks. Whether this is true or not is hard to tell, but it seems to have a grain of truth in it.

This is a good company, Al. They've got great products, good management and a great expansion record. But I agree that one area where they may be lacking is in their investors relations. Being a foreign company presents a problem too (currency translations, different accounting standards etc) but they still have a great track record and I'm sure they'll be back. I think it's possible for this company to earn $2/shr by the Year 2000, so I'm staying in there for the time being until I see something truly ugly. Good luck.
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