CrossKeys Systems Corp [CKEY and CKY/TSE] Message Board

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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE]

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To: WTSherman who wrote (416)	2/26/1999 3:21:00 PM
From: Glenn McDougall	Read Replies (1) of 792

I am a shareholder like the rest of you and thus not happy. BUT look at the current position of the shares. -trading around $6.30 canadian. -has cash on hand of ~$3.24 canadian. -for year 2000 lowered expectation to 50 cents a share. -projecting 40% growth for year 2000 in sales. -taking out cash you have a high-tech company trading at 6-7 times earnings and growing at 40%. -granted there are problems at CKY but any time you can buy a high-tech company at these prices how much better can it be. Yes I bought a extra 40% of CKY several weeks ago at $11-12 canadian and today I purchased 100% more at $6.30 time will tell if I am correct. Regards Glenn

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