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Gold/Mining/Energy : Fantom Technologies (TSE:FTM)

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To: Hawkeye who wrote (10)	3/19/1998 2:41:00 PM
From: Marcman	Read Replies (1) of 55

Hawkeye, That 13.05 buy today was me. Sorry to lowball the stock, but I sensed that there would be someone out there impatient enough to let me in cheap. At 13.05, I consider this as good a buy as is available on the market. When the 3rd quarter 98 financials are out (in a month or so), I suspect some consistent upward movement will begin. In order to meet the brokerage estimates of $1.15/share earnings for fiscal 98, the company only needs to hit .30/share in each of the next two quarters. Note that Fantom already hit .31/share in the last quarter -- before the TV promotion of the Lightning was set to start. Any growth from there (and this IS a growth story) is pure bonus. I suspect (and hope) that we are going to see this company exceed the analysts' expectations. You know what that could mean. GLTUA, Marcman

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