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Gold/Mining/Energy : MTM/TSE & MTM/MSE - Mitec Telecom Inc.

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To: Ciao who wrote (49)3/10/1999 4:54:00 PM
From: Glen Gordon  Read Replies (2) of 70
 
Of all stocks in my portfolio, I have the most confidence in Mitec over the next 12 months. I find it amazing that a company that is a cinch to earn $.60/share in fiscal 2000 is trading at $4.60 now. Expect 4th qtr results to also be somewhat flat, but Q1 2000 will be huge and Q3 next year Revenue should grow by 30-50%.

Does anyone know how closely held this company is. Is it controlled by one shareholder? I assume it must be or someone would have attempted a takeover by now.
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