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

To: Steve Johnston who wrote (755)	12/14/1997 1:18:00 PM
From: stevie	Read Replies (1) \| Respond to of 1535

Hey guys: Help me to understand this. The nine million write off--will in effect lower the value of mytec by that amount on paper??? Since its already spent--it will not have an effect on the cash flow??? Can someone tell me why they are doing this?? Since Mytec is worth 9 million or so less--this will obviously have an effect on share price. What is a relistic target for this Co. ??? $2-3/share sound reasonable??? or is it more in the 8-12 dollar range??? based on assets considering the wirteoff. Thanks Regards Stevie