Napier International Technologies Inc. (T.NIR) Message Board

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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Veritas who wrote (1582)	9/9/1998 9:44:00 AM
From: Ginco	Read Replies (1) of 2444

Subsequent to their April 29th write-up, Maedel's recommended selling 30% at $2.69 in May, leaving subscribers who got in early with a free ride on the balance of their position. Following the announcement of Napier's alignments with K-G Packaging and ICI Canada, Maedel wrote on August 12th that "Napier is clearly developing a foundation to support rapid sales growth in the near-term." But that, "any predictions regarding sales and profits over the next 12 months are still "back-of-a-napkin" calculations." In light of market conditions at that time, Maedel recommended "holding the stock and enjoying the free ride."

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