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Gold/Mining/Energy : Telular Canada Inc. (TC.T) – undervalued? -- Ignore unavailable to you. Want to Upgrade?


To: Steelguy who wrote (12)6/2/1998 1:10:00 PM
From: Abbeydale  Respond to of 133
 
Hi SG.

The lack of volume in the sell off is encouraging. 2k yesterday and 4k today is very low...even for this one. I will start worrying when First Marathon starts selling that 200k they bought in May. Until then, I'll hold (have to...can't take a 30% loss).

Another thought... I am always suspicious of large drops on low volume after news releases that are not really BAD, but not up to market expectations. I have seen too many times where the stock is left to float down and then left there for a while to discourage those that bought in the spike (to $1.00 recently), so that when the bids start coming in, they are snapped up by those disgruntled investors. The tide turns and those "in the know" drive the stock up past the previous levels and create a buying frenzy! Paranoid or sly??

We can only hope!

A



To: Steelguy who wrote (12)6/5/1998 11:15:00 AM
From: Abbeydale  Respond to of 133
 
Good Morning SG

Been busy for the last couple of days. Now I'm paying for it. I've got about 200 messages to get caught up on in my SI Bookmarks!

Have been watching and waiting for our TC to make a move, but it has been very quiet. I suppose that's good to a certain degree, ie: keeping out of that low 0.60's range. Wild spread at .62 x .80. Oops, make that .65 x .80. Gundy on a HUGE buying spree today with a whopping 1600 shares at 0.70 :) Not much on the ask under $1 and that's good. Have you talked to IR at all? Did you pick up any more in the .60's? I wish I had the cash to avg dn on this one!!!

Still patient.....

A



To: Steelguy who wrote (12)6/8/1998 10:03:00 AM
From: Abbeydale  Read Replies (1) | Respond to of 133
 
Subject: Stockwatch: Telular Canada Inc - News Release
Date: Fri, 05 Jun 1998 17:32:20 -0700
From: newsout@canada-stockwatch.com

Featherweight hand-held data collector shipped

Telular Canada Inc TC
Shares issued 14,200,000 Jun 5 close $0.65
Fri 5 Jun 98 News Release
Mr. Buzz McClung reports
Telular Canada has commenced volume production shipments of its
featherweight hand-held data collection device to Intermec Technologies
under its previously announced agreement.
In February of this year the companies announced an alliance which combines
Granite's robust featherweight product design with Intermec's world class
manufacturing, distribution and technical support network. Under the
agreement, the Granite featherweight terminal is exclusively offered by
Intermec through its worldwide sales network under the new name TRAKKER
T2090. Deliveries of the product follows completion of qualification
testing, and will serve to satisfy a backlog of orders that Intermec has
received for the TRAKKER T2090.
Intermec is a global leader in the development, manufacture and integration
of automated data collection and mobile computing systems. The company's
products and services are used by customers in multiple industries to
improve productivity, quality and responsiveness of business operations,
from supply chain management and enterprise resource planning to field
sales and service. The companies formerly known as Intermec, Norand and UBI
were consolidated as Intermec Technologies Corp. in the spring of 1997.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Sounds encouraging. Let's hope that the market sees the value in starting volume production shipments of this device. NOW this puppy has to be undervalued!!! Those that bought at $1.00 in late May must have known something!

A