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Gold/Mining/Energy : Canadian Small Cap Stocks

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To: Ally who wrote (49)4/12/1998 3:49:00 PM
From: Jamie  Read Replies (1) of 512
 
Thankyou for taking a look at Envoy. Its always useful to have other opinions, especially from a proffesional. In fact, I much prefer to see opinions differing from my own on these boards as opposed to everyone just agreeing with how much money they're all going to make.

I think the structure of Envoy's separate units is because they originally owned only a % of them, leaving the rest in the hands of the vendors - ensuring they would stick around for a while. 3 of the 6 units only became 100% owned in 97.

The point of having the companies assets (staff) leave is agood one. The company has indicated a reason for the delay in completing it's acquisition was the need to negotiate lockups with key employees.

YEar over year quarterly growth as exhibited some volatility as quarters are compared to quarters when big contracts kicked in. As the big A+W contract was won in q1, I would expect the year over year growth to exceed 14% going forward.

The company definately needs to put its cash to work to avoid the dilutive effects of the financing. They say this will be accomplished soon.

Again thanks for looking at it. I look forward to seeing what 11 you come up with. Maybe I'll have another suggestion in the future.
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