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Gold/Mining/Energy : Transat A.T. (TRZ/TSE)
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To: Greg Spendjian who wrote (86)2/14/1998 3:30:00 AM
From: Marc Fortier  Read Replies (1) of 88
 
Hi Greg,

You are not alone despite the fact that I have sold my shares. I read the last quarterly report and found it good too. The effects of dilution are keeping the stock to go higher, of course, but this could change very quickly if TRZ decides to buy back some shares with part of the liquidity at hand.

I still believe that Transat is a fine value play. I am not sure at all if I made a good move when I sold. I thought at first that the stock price could drop under $10. I was wrong.

Marc
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