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Biotech / Medical : ISGTF or ISO Toronto shares traded 400,000 shares May 24

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To: Link Lady who wrote (44)5/9/1998 11:41:00 PM
From: Sultan  Read Replies (1) of 112
 
As I said, the stock has been all over the map in terms of price, so 100 % from here should not be a difficult task. My average cost is higher (since I have been in this stock for about 3 years) then the present price so I will not do all that great if it goes to 7-8. I hope they do better but it is all a question of timing

They are supposed to release their software for Microsoft NT system some time soon, which will open up the market quite a bit because the cost will be less for the hardware portion. Last 3-4 quarters they have been strengthening the management team. Last quarter, revenue went up but so did the expenses so at some point, they have to deliver strong net earnings. They also have to broaden the product suite. The co. has been generally quiet in terms of progress and frankly have also lost investors' and analysts' interest so hardly any one is following. This week's price and volume increase suggest some interest is coming back.

So what all of that means is next week, they have to deliver decent earnings, they have to come through on the NT release and some strategic moves in the near future to show that they are turning around, tangibly. The management owns quite a bit of shares, one of the board member, if I remember correctly represents some sort of investment fund so all in all there are people who have waited patiently for the management to deliver. Let us see what they have to say next week.
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