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Gold/Mining/Energy : Comptec Industries Ltd - CIL

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To: Mike Cancade who wrote (10)7/29/1998 10:19:00 PM
From: kurp  Read Replies (1) of 16
 
Almost bought last week but I noticed alot of selling pressure at $2.80 so I backed off.Good thing as I think this stock can be had for less.Royal Group Technologies RYG TSE is a strong competitor and they just got down graded from strong buy to buy from Credit Suisse First Boston.The price has taken a beating lately.Sorry I don't know the reason.Having been in the extrusion industry(siding and accessories) at one time I can tell you it's a very competitive,cutthroat and cyclical industry.One thing I've learned from BLSH picks is you must have patience and buy on weakness so right now I'm lurking in the sidelines on this one....good luck on this one ...kurp
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