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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII) -- Ignore unavailable to you. Want to Upgrade?

To: carter, p who wrote (54)	4/2/1998 9:21:00 PM
From: JOE TURMAINE	Read Replies (2) \| Respond to of 406

Paul, I'm still high on MOND. Probably higher than their performance merits. They have increased sales (in $'s) almost every year. Even 1998 the first year they lost money was a good year for sales, when they post their numbers you can confirm, but I expect sales were $10 million more in '97 than '96. Lots of low or no margin stuff contributed to a losing year, but I would expect '98 will come close to $100 million in sales and 10 to 20 cents profit per share. They have not posted year end results and are probably going to release them in conjunction with first quarter numbers to dramatize the turnaround. Have not been able to talk to Bill Surphlis in a couple of months now and I don't like their PR firm (feels like they don't want to talk to shareholders). This is all very clearly my opinion only. I do own 30K MOND shares and still hold them in spite of "lost opportunity" because I believe they're worth 5x todays price. Expect to realize that by the end of next year. JOE PS Takeover candidate!!!???? I'm sure for $100 million ($3 per share) Stoughton or Great Dane could take us out without too much resistance. IMHO