Lava Systems (LVA:TSE) Message Board

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Gold/Mining/Energy : Lava Systems (LVA:TSE)

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To: James Thai who wrote (22)	3/17/1998 2:09:00 PM
From: Sultan	Read Replies (1) of 102

Once you move up from dart-throwing investment style, you will notice all of these company's put out news releases like this one. Is it hype ? May be. I, for one would like to know that they are making inroads and broadening their market place. In the near term, it probably does not matter. This is probably one of the cheapest technology trading on TSE. Ofcourse, there is a reason for it. They are not making money. But at this stage, they are trading less then book value and one time annual sale. They have also recently hired few seasoned and senior people. That was announced also through one of the news releases. One hire in particular is interesting. Having said all of that, it is not a short-term play.

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