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Gold/Mining/Energy : Otatco, Inc. (OTI: Alberta) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Saunders who wrote (44)4/8/1998 12:39:00 AM
From: Jason Krueger  Read Replies (1) | Respond to of 54
 
Good work, Richard. I guess you are supposed to have a longer term horizon in mind when it comes to equity investing. Still nice to trade short term, but I don't mind holding good companies for the long term. Last great story I had was ISL on the TSE. Bought at a dollar, sold at $1.7 last year. A great return for one year, but last year people became accustomed to being able to flip shares quickly. I still think that due to the nature of OTI's business, the risk is limited somewhat, but the short term risk does seem quite high.

Jason



To: Richard Saunders who wrote (44)4/23/1998 12:10:00 AM
From: Richard Saunders  Read Replies (1) | Respond to of 54
 
OTI year end numbers - tight-rope scary but hopefully moves are being made for better days ahead. (imo) This latest move (extension to financing and approval to increase if req'd.) had better work because there doesn't appear to be much more breathing room. Share pricing ($0.16ish) looks interesting if co. can pull it off. Next couple of qtrs. will probably tell the tale........ exchange2000.com disclaimer: Holding a position. glug, glug, glug.