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Gold/Mining/Energy : Raytec Capital (RCC.V) -- Ignore unavailable to you. Want to Upgrade?

To: 1st.mate who wrote (388)	6/20/1999 1:21:00 PM
From: axial	Read Replies (2) \| Respond to of 457

I'm still long on RCC but there are some concerns. To save time, I'll repost from SH...(follows)...I'm long on RCC. I agree that we'd do better on NASDAQ, but before you can even get a listing you must trade at $5 (US), or about $7.50 (Cdn)for 90 days before you can even get on the big board. Raytec is a long, LONG way from that point. That kind of price presupposes earnings in excess of 0.50/shr. - and we're a long way from there. You would like a company that is disclosing to its investors the progress it is making in marketing and testing its products - and we've heard almost nothing - we can't make any projections, because nobody has given us the foggiest idea of what projections we can make. Finally, you'd like the investment community to see a strong and concerted effort to market the product, with media play and an international advertising campaign - and we don't see anything of that. I'm sure a marketing effort in the interior of BC has SOME kind of benefit, but I don't think it would play very well on the NASDAQ...and IMO, if the marketing by Englehard and Raytec doesn't pick up, big-time, we'll never see Raytec on NASDAQ.

To: 1st.mate who wrote (388)	6/21/1999 3:56:00 PM
From: Wiselight	Respond to of 457

RAYTEC RETAINS CHICAGO-BASED INVESTMENT BANKING FIRM TO EXPLORE STRATEGIC ALTERNATIVES Raytec Capital Corp. announces that it has retained Dresner Investments Services Inc., of Chicago, Illinois, as its financial advisors with respect to mergers, acquisitions and other financial matters. Raytec Capital Corp. develops, markets and services the highest quality perishable control products and antimicrobial products based on its patented technology. Raytec's innovative technologies help the food industry improve profit margins by reducing product loss, enhancing product quality and controlling safe food processing. RAYTEC CAPITAL CORP. JERRY A. MINNI President & Director