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


To: oss who wrote (776)12/22/1997 7:31:00 PM
From: Steve Johnston  Read Replies (1) | Respond to of 1535
 
If TRW contract is no longer a rumour, where is the press release? Such a contract would have an obvious material effect on the perceived value of Mytec and this information would, therefore, have to be released to the investment community?!? Don't get me wrong, I hope you are correct, but I'd like to see it in writing.



To: oss who wrote (776)12/22/1997 7:43:00 PM
From: Robert Bachynski  Read Replies (2) | Respond to of 1535
 
This large development cost Mytec is going to write off over $8 million. I have a sneaky hunch that they have a string of contracts ready to anounce. I have seen other companies do the same thing in the past, and it is always followed by first a drop in share price around 30 to 40%. Then anouncments of contracts. If my hunch is correct then Mytec will trade in the low $1.00 to $1.50 range until these contracts are anounced. Then watch the price soar.

Bob