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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE]
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To: lang who wrote (380)2/7/1999 1:30:00 AM
From: Hassan Lakhani  Read Replies (1) of 792
 
I for one am not too concerned about the price drop. I notice that there was little change in the price in the U.S., and in fact, converting the U.S. close to Canadian dollars yields a price slightly above $10.50 Canadian.

Also, my interpretation of the problem with Newbridge is that they seem unable to convert their exploding ATM sales growth into consistent profit growth for one reason or another. But, as long as Newbridge's sales increase, so should Crosskeys', and I feel that Crosskeys thus far has a better track record of translating sales into profits. I believe that investors dumped Crosskeys simply because of their affiliation with Newbridge, as opposed to Newbridge's warning having any severe negative consequences for Crosskeys. I would love to hear Pat Mudge's comments if she is still lurking here.

Hassan
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