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Technology Stocks : SACO SmartVision (TSE/SSV) -- Ignore unavailable to you. Want to Upgrade?

To: Veritas who wrote (6)	5/1/2000 8:38:00 AM
From: Francois Lavoie	Respond to of 16

Hi Veritas, I bought my shares when this company was named Teknor in Mars 1998. Big Story, but the name changed to Saco. I sold all my shares at 6.80$ in January 2000 (I was very lucky on this), but I might come back at these prices. If I'd know someone would actually look at this thread, I would have given you my feedback before you bought... always better to make an informed decision. Anyway, don't feel bad, this company can have a significant upside. Reasons to sell and Reasons to buy: I sold because of: - The company is very slow to release their numbers. I was used to get numbers less than a month after the end of a Quarter but this company is using the maximum time permitted. I e-mailed Investors relations and got no response. BTW, the website is smartvision.com - Lawsuit from an old distributor - At that time, I had a better place to park my money (SGEM:CDN) -Strange announcement from Michel Gareau, one of the biggest shareholders at the time. (don't know now). He sold some or all of his shares to a Netherlands guy. Reasons to sell after I sold (Jan 2000): - They lost OR dismissed their CFO. They're not saying. - Disappointing results for Y1999 and Q1 2000: Sales are increasing but SG&A is increasing faster and margins decreased significantly. Reasons to buy now: - The Nasdaq screen is a VERY good marketing tool. - The price is at its 52 week low. - The lawsuit "might" come to an end. - Sales "could" be ramping. With all those "IF", I will wait a bit. Looking forward for your comments... I wonder about P/S ratios at these prices... I'll be checking that. Thanks for coming !

To: Veritas who wrote (6)	5/1/2000 8:44:00 AM
From: Francois Lavoie	Read Replies (1) \| Respond to of 16

Speaking of their untimeliness... 4/30/00 - Delinquent Filer; Annual Financial Statements to Nov SACO SMARTVISION INC ("SSV-TM;SMVJF-L;SMVJG") - Delinquent Filer; Annual Financial Statements to Nov BCSC Delinquent Filer Notice for April 28, 2000 The issuer has filed material that has not been completed in accordance with the Act or the Rules, or National Instrument 13-101 for Electronic Document Analysis and Retrieval (SEDAR). Issuers in the category may have a cease trade order issued against them without further notice. Reporting issuers and exchange issuers (the "Issuers") are required to make periodic filings with the British Columbia Securities Commission pursuant to Part 10 of the Securities Regulation, B.C. Reg. 270/86. Tel: (604) 899-6500 British Columbia Securities Commission ______________________________________________________ (c) Market News Publishing Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 Rapid Fax - News As It Happens - Call 1-800-667-1617