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

To: Investor 007 who wrote (791)	1/4/1998 1:27:00 PM
From: oss	Read Replies (1) \| Respond to of 1535

Fellow investors for what it is worth I think we should give Thomas a little breathing room. If it goes lower than $1 we are all toast anyway. Thomas seems to be on track and lets face it he has some big shoes to fill. First you build the foundation than the house right. I'm glad someone is going to call on Monday and ask some questions. Marketing is the next void that has to be filled. I have been asked to service and install 2 products before Touchstone and to date I have heard nothing about marketing this product. I keep waiting for the big marketing spree I have expected to see for 2 years now. We have the product now lets kick some ass and get the name out there people. With 600-800 dealers across Canada Mytec should become a house hold name. Why not, there are some very good angles right now to both compete against the Bell Canada and the Rogers as well as market this new product. Counterforce will probally work on this in the new year. Lets get it on and push like hell to make this happen!!

To: Investor 007 who wrote (791)	1/5/1998 6:27:00 PM
From: Steve Johnston	Read Replies (1) \| Respond to of 1535

Mytec's cash position declined, as I recall, due to a strategy to buy back shares and try to keep the price above $3.00. In retrospect this was dumb. The company actually is in the black, due to positive earnings from the Counterforce security business. As a result, I do not see Mytec running out of cash and going broke. Without new business from Touchstone, however, the share cannot support even current trading levels, let alone jump back to the previous lofty , speculative levels seen last year. My biggest concern is that, if Counterforce is as good as they say it is, somebody out there will buy out the company, at some bargain basement price like $2-2.50. For people who bought at $5.00 plus, this would be a kick in the head. Here's hoping this doesn't happen.