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Gold/Mining/Energy : Churchill (CUQ), PE of 3! -- Ignore unavailable to you. Want to Upgrade?


To: chris who wrote (5)4/26/1998 10:00:00 AM
From: Ciao  Read Replies (1) | Respond to of 264
 
Chris, I looked at Mytec when it was on VSE and was mainly into security alarm monitoring. It must have been about 4 years or so. I recall a earnings report and noted how it was trading at about 3 - 4X cash flow, back then it must have been about .50 or so, been a long time. The rest is history as it became a flyer, then did the crash and burn, the patient appears to be recovering nicely from the 3rd degree burns. I'll pass on this one. Too much competition in their field. I watched CNN on the weekend and noticed how there are ATM's that do retina scans for ID. Machine is very pricey, but as is with technology, price will drop exponentially.