Tesco Corp (TSE:TEO) Message Board

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Gold/Mining/Energy : Tesco Corp (TSE:TEO)

TEO 12.03

+7.3%

3:59 PM EST

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To: Cadman Chui who wrote (8)	12/12/1996 4:36:00 PM
From: Aly Janmohamed	of 11

greeting, I have been following this stock since it was 2.50 on the Alberta stock exchange 2 years ago. It later migrated to the TSE and now finally to the NASDAQ. The company is getting amazing reviews from analyst all over canada. The most recenct one that I read had the stock pegged at 27.00 CAD withing one year, and 35.00 CAD within 3 years. I personally feel that this is pessemistic, the company has no debt and orders are rolling in like never before. They compare very strongly to another top drive company VARCO which trades at nearly a 6.00 premium to tesco. Another factor is the increased exposure tesco is now recieving in the US due to its listing on the NASDAQ. As more U.S. analysts find out about tesco and how it compare to Varco, they are bound to be impressed and thus recomend tesco. Tesco has traded with a large amout of fluctuation during the last 2 months trading between 17 and 20 dollars canadian. I stongly believe that at 17.00 to 18.00 CAD you can make some great short term returns, this stock will trade near the 20.00 cad mark very shortly. A.J.

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