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Gold/Mining/Energy : The Next Act

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To: David Kitt who wrote (21)4/3/1998 8:50:00 AM
From: John Fairchild  Read Replies (1) of 102
 
Watching it this morning David. You could spend hours at their web site and not run out of information to read. This company has a list of awards and contracts as long as your arm. I probably won't buy on this run up but If it comes off I'll likely jump in.

I've got another I am watching this morning. It is against my better judgment as I have not bought yet but watch SCT-T. Take over bid announced by ISD-T at a $15 (a significant premium.) It is closed yesterday at $12.3 and the news came out late in the evening yesterday and has yet to be retransmitted. I love take over targets. SCT has a market cap of $32 mil and cash of $19 mil. ISD wants the operation to complement their own. An interesting story.

John
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