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Gold/Mining/Energy : Eicon Technologies - Montreal exchange

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To: C who wrote ()9/1/1998 5:02:00 PM
From: richard  Read Replies (2) of 295
 
They talk about eicon very positively in Montreal newspaper
"la presse" august 31 page b-1.In this article they said that the restructuration is a succes. Three analysts see the company between
5$ and 7$ in the next 12 months and they say at this price eicon is
a bargain. 6.6 millions $ earning at the end of the year(announced last week). they hire a new vice president,Kenneth Gingrich from
Bay Network with a very good reputation.

estimated earning for 1999 =0.31
2000 =0.40

eicon have 43.15 millions in cash that mean 1.24$/share

according to me 3 things to watch:
------Eicon will makes an acquisitions very soon.

------A new prototype is coming (modem technology to increase the speed of your phone line ----ultrarapid acces-----becoming more popular than rnis in USA

------at this price Eicon can be the object of a take over


good lock to all
N.B sorry ,my english is not perfect
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