MYT - Mytec Technologies Message Board

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Gold/Mining/Energy : MYT - Mytec Technologies

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To: oss who wrote (867)	4/3/1998 9:15:00 AM
From: antonio doria	Read Replies (1) of 1535

TO ALL; Mytec Announces 1997 Annual Results. Annual Revenues increase by 21%. Net loss amounted to 39 cents per share due to restructuring charge in Q4., as anticipated. Cash 2.1 million (now around 1 million?) - no debt. IF: product is finally OK (certification in April?) and strong, competent and honest management is finally in place, we should see a major uptrend in stock price, IMO. The clowns should finally get tired and stop their dirty games. I am personally concerned for the cash flow situation, and how management intends to address it. It would be beneficial to see how other shareholders read the situation. Hope to review some professional opinions. Thanks. Antonio

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