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Gold/Mining/Energy : Telular Canada Inc. (TC.T) – undervalued?

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To: Steelguy who wrote (49)9/1/1998 12:56:00 PM
From: Abbeydale  Read Replies (1) of 133
 
Hey There SG:

Have you read the NR yet? VEEERRRYYYY Impressive! Excellent turn-around quarter. First profit yet. The statements are in stark contrast to the last quarter's. This time we are seeing rising sales, RISING margins (37% in Q4) and declining Operating Expenses. All the while, they continue to invest in new product development. I guess that the sugar the IR guy put on your corn flakes was real and not "Nutri-Sweet" after all. He said that there would be a positive YE and he was right.

I am especially impressed with the consolidation of the Operating Units into one entity. They are finally riding the wave of operating efficiency for the future. They have no LT Debt, cash in the bank. products delivered and licensed, royalty streams and new development. Too bad they released this after a day like yesterday! OUCH! Too many people scrambling to cover their blue chip butts and not watching the little ones like TC!

Cancelled my sell order this morning after reading the NR. I think I'll hang on to what I've got for the ride UP!

Interested in your input. (Yours too Larry -- Did this answer your concerns about the other TC shares they were holding?)

Regards,

A
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