MYT - Mytec Technologies Message Board

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Gold/Mining/Energy : MYT - Mytec Technologies

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To: Geoff who wrote (790)	1/4/1998 9:35:00 AM
From: Investor 007	Read Replies (2) of 1535

Geoff. Thanks for clarifying. What concerns me, as I've said before, is that Mytec spent about 4 million in cash last year and they only have 2.5 million left. The TRW order they talk about (but can't prove) is only for 150 Touchstones. say they're $1,000 each. That's only $150,000. And only a part of that is profit. So what happens when the 2.5 million is gone? Does that mean they're out of business? I think so. If you're talking to IR, can you ask them that? Then at least we know. WE need 30 or 40 or 50 of those orders to make it.That's 3 or 4 every month. Not one every 3 months, like we're going. Has anyone even herd about a possible second order yet. Its coming on 3 months ago since the first order. I haven't seen anything here about another one. See what IR says. Its plain and simple. Businesses need sales. That's all i know. But I think thats enough. Gotta go. The baby's crying. So am I.

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