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Gold/Mining/Energy : bottom fish Eicon tech (T:EIC & M:EIC)?
EIC 11.550.0%Dec 26 4:00 PM EST

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To: C who wrote (6)1/31/1997 7:53:00 PM
From: don wang   of 11
 
Hi C,

I just came back from abroad and am not able to read your post and to watch the CBC news. Last year EIC did loss in earnings. 1st Q lost $0.06. However, start 2nd Q EICON will show profit and you will see it on the 5 Feb report. This company has no debt at all and with $1.4 cash/per share in hands. At today's high flying stock market you are really not able to find some company with healthy finacial status like Eicon. If tomorrow interest rate is going to increase most company will be hurted but not Eicon. From now on, definitely, it is the turning point of this company. It will beat the street. For 1997, it will show a very healthy profit and the revenue will give a big leap. Before, this company's major market was in Europe and since last year, they grabbed a lot of shares of the US market. Eicon is going toward the right business direction. Now, anyone can get the "dirty cheap price" of this share between $4.00 - $4.40 Can. but this will not last any longer. They are going to get the jackpot if you bought now, I believe it. I loaded 10,000 shares recently. If someone do not share my opnion, they can stand aside and watch me and let time to judge if my decision is right or wrong. I foresee that the stock will go to $12.00 some days of 1997. Even $12.00 I will not sell it I will invest EIC for another three years untill it reach $30.00 then I will consider to take some profit. It is not dream and look at Rand A (T:RND) which traded below $6.00 once a while on 1995 and now it is $35- $40 stock (before split two).
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