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Gold/Mining/Energy : CANADA PAYPHONE - CPY(vse)
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To: Andrew who wrote (74)3/7/1997 2:34:00 PM
From: gemini   of 171
 
Andrew, I certainly agree that this is a forward step for the company. In a way, this is big news because the communications industry in Canada is very heavily regulated by the CRTC which makes it very hard for smaller companies to break into the market and compete with the STENTORS and the AT&T's etc... What we're seeing is a crack in the door for CPY to get at least part of their foot into. Although I was expecting bigger news with something to do with a major communications company, I'm not at all disappointed if this is officially "all we get" today. Bigger things are still planned which just may be the big push we need. The share price of this stock has come a long way and that's due to the way the company is being groomed and managed, once their products become accepted- WATCH OUT! this one will move even higher.

Gemini
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