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Gold/Mining/Energy : Markatech - MKD (VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Luisa G. who wrote (173)3/12/1998 9:11:00 PM
From: Ted Kosokowsky  Read Replies (3) | Respond to of 416
 
Luisa, if you bought today, you got a small bargain. Great price, small trade. There just doesn't seem to be many shares out there right now. Only 2,000 shares on the offer at .14 Market depth shows very few above that.

I found out why Spinner Records is so hot to do this deal. Freight costs. I heard they are paying about .35 per CD for freight from Toronto to Vancouver. That is nothing if the retail price is $15, but it is an awful lot if the wholesale cost is $1.50 . That represents a huge improvement in margin. So Spinner can afford to pay a premium to Markatech, and still pay less than they are paying today!

Just one more reason to believe this is going to be a huge winner.

Counting down to next week,
Ted