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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: lib who wrote (2417)5/30/1999 8:53:00 PM
From: Jazzss  Read Replies (2) of 3896
 
lib, you will notice a turning point on Friday RE:Taurus
You have to remember that Tuarus has clients that are in MCF to make money also, if you held MCF at about $1.50 you would be tempted to take some profit also, this will pass. Nothing against you lib, but I am so tired of hearing about BII and how it was done wrong. I was in BII for a long time, made my profit and moved on. BII is in the USA now and the market will decide the outcome. The facts are that MCF has better financials than BII, and to keep bringing up BII is as unfair to BII as it is to MCF, for different reasons. Maybe some analysts had a hard time justifying BII's valuation, I'm not sure what the motivation was, but the underlying fact is that MCF as compared to it's US rivals is grossly undervalued and any analyst will have a hard time ever calling MCF overvalued, the market would not accept that when you look at RAZF-Nasdaq $56.00 compared to MCF $6.60 . MCF could move to $20-$24 without fear of being called overvalued by any analyst. This is one of the reasons I don't give a second thought to
Adam doing a 180, it won't happen.

Jazzss
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