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Gold/Mining/Energy : MYT - Mytec Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Robert Bachynski who wrote (712)11/16/1997 11:19:00 AM
From: Steve Johnston  Read Replies (1) | Respond to of 1535
 
When it pushed up to $10.00, in the past, it was entirely due to "hype" and a few Toronto brokers jumping in. Now that so many people have been burned, I see no way that it will get anywhere over $5-6, best case, in the near term. Without higher earnings levels, MYT may not be able to support the levels of R&D required to advance their technology as other, bigger, players catch up and surpass them for customer contracts. Regards.