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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Syncrude who wrote (3429)2/3/1999 11:31:00 PM
From: Buckey  Read Replies (1) of 62347
 
SC - I am closer to this stock from a past life than I realized when I bought it. I did not even know it. I made a number of calls before I made a decision to stay in. I am more comfortable. I know you arte just quoting the NR and not trying to be confrontational. Neither am I - but read my ramblings

Lets talk semantics - A commitment may have been a standing order to supply one of CTC, Walmart, or the bay group of companies ( bay Zellers) - Likely the three largest customers or potential customers.

The optimist who knows this business might say - well we dont have signed contract yet so we must let our shareholders know. They have an obligation but is it that bad?? I really dont know

Maybe this standing order is no longer a formal contract??
maybe they are delayed in getting new store plans in place
maybe they are the lowest margin customers anyway that demand all kinds of rebates that lower the margins anyway??
Maybe the POS they had in the bank at this time last year are still not there???
Maybe somebody is sqeezing them????
Maybe the retailers drawing down much lower profit numbers demanded lower prices???

OSF is the industry leader and I truly feel that I will sleep like a baby and this sell off was nothing short of ridiculous and I put my money where my mouth is.

one last thing maybe for once I might know a little bit about what I am talking about.

Having said all that I must adimt that the verbatim you mentioned is accurate and that was all you were trying to point out. No confrontation wanted here. Eventuaaly the market will tell all. Today THe market was impaired and we were seeing a distorted view.
IMHO.

ECUSE THE TYPING - I have an ill 2 year old in one arm
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