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Gold/Mining/Energy : Royal Group Technologies, Ltd. (RYG) -- Ignore unavailable to you. Want to Upgrade?

To: AL PELLICCIO who wrote (130)	3/4/1998 10:16:00 PM
From: Julio P. Antelo	Read Replies (1) \| Respond to of 199

Stock's over extended a bit, IMO. There was some profit taking today and it dropped some, but RYG has had a great run in the last few weeks. I still think fair valuation for the stock would be a p/e of 28, and since I'm looking for at least earnings of US$1.19/shr by the end of the fiscal year that should give it a fair value of $33-$34. I just received the quarterly report yesterday and man! was it bullish. Vic de Zen is predicting an increase in excess of $200 million (Canadian) in sales this year and says all business lines are red hot. The storage sheds are selling so well they're adding extra capacity just to meet demand. That's what I like to see. Later, Julio.

To: AL PELLICCIO who wrote (130)	3/5/1998 5:44:00 PM
From: ccportfolio	Read Replies (1) \| Respond to of 199

I got the same letter and it intrigued me enough to track down the info... Had no clue what company it was, but had the clue that it was Robertson Stephens Contrarian Fund's largest holding.... went to the rsim home page and found it..... RYG is about 12% of the funds holdings at this point... Not sure about the short term here...but this does look like a long term winner.... Glad to see it already had a thread....nice to meet you all.... By the way, I've got the company listed as Royal Group Technologies, Ltd. is that right......?