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Gold/Mining/Energy : PLANVEST CAPITAL(CM OLIVER)

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To: Scott Mc who wrote (15)2/19/1997 9:01:00 PM
From: Jay Anderson   of 75
 
It was too bad that net income wasn't higher and I imagine that the stock will sell off some more if today's trading is any indication. It is hard to tell if this is really justified. As revenues were up quite significantly it would be nice to know where these extra funds are going. The company could be using these funds to enhance shareholders value which would be nice. Also last year the fourth quarter was the best as far as net income was concerned, due no doubt to RRSP season. Let's hope this year we have a repeat performance. A few flat quarters (as far as income is concerned) is nothing to be overly worried about I hope. I just wish the company would go into a bit more depth when they sent out news releases.
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