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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB

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To: Wile E. who wrote (47)2/4/1997 10:31:00 AM
From: Andrew   of 209
 
<< What are the chances of this company forming a dividend reinvestment program in the near future?

>> Slim to none at best! DRIPs are for big established companies.

<< What do you think a good target sell price would be? When do you think that thiscompany will be listed on NASDAQ and what effects will that have on the current price?

>> I sold half for about a 30 percent gain; looking for a double for the balance. $2.00 appears to be a threshold for now (Canadian). Mark O'Meara just won Pebble Beach, and he uses Viper Bite. This should generate some increased sales. I wish they would go to NASDAQ but no idea when this will happen.

Check out their web site at carbitegolf.com
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