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Gold/Mining/Energy : MYT - Mytec Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Investor 007 who wrote (965)6/3/1998 9:32:00 PM
From: Robert Bachynski  Respond to of 1535
 
Welcome to the wonderful world of Mytec "wait and see".

Regards

Bob



To: Investor 007 who wrote (965)6/3/1998 9:44:00 PM
From: oss  Respond to of 1535
 
Im glad for one that you have expressed your honest opinions on this company. I as a Counterforce dealer have noticed some positive changes in the past couple of months.

I will assume that the information you have shared is correct, I do however feel there have been a few very positive changes.

The dealer investment program could put Counterforce at the top of the monitoring industry if Dennis gets it together.

I still feel that the network of dealers Counterforce have could assist them in the future to assure Mytec's health. Add in electronic dispatch and 650 partners Canada wide and it could still work!!

You have a few tough questions however! One can only hope that each and every point is thought about at Mytec the same way we think about it.

I do feel we could be in for more good news soon but as you have stated Mytec are very hard to read. I do not think the wait will be long as this market will be going strong in a few more months.

There will be no prizes after 1999.



To: Investor 007 who wrote (965)6/4/1998 6:13:00 PM
From: antonio doria  Read Replies (2) | Respond to of 1535
 
I have been absent from S.I. because of some family health problems that only God knows how and when will be resolved. I have read some of the recent postings but have failed to see any answer to the questions you recently asked. Does anyone have anything to say/add to what you were saying? Hope MYT is forming a solid base at these levels for next run-up.

Good luck!



To: Investor 007 who wrote (965)6/4/1998 10:12:00 PM
From: James Bliss  Read Replies (2) | Respond to of 1535
 
I'll take a stab at re-assessing some of the "facts" you presented. I know your source is mainly your broker, and brokers ALWAYS present unbiased opinions. I still don't know what my opinion is on the company yet, but I only own a few shares so I can afford to wait and see. The new product that is coming out that is supposed to cost $200 is called "Biometric Encryption". (I am quoting from the annual report here)"Biometric Encryption is a process that securely links a small piece of digital data to a biometric such as a fingerprint so that the data can only be retrieved by presenting the same fingerprint to the system". I emphasize the word "process". Touchstone, on the other hand is hardware. The two systems thus complement each other. The fingerprint reader, Touchstone, enables the fingerprint to be encoded, Biometric Encryption secures the data desired to that algorithm so that it can only be decoded by the correct fingerprint. So Grecco is not, in fact, pushing a cheaper product which will replace Touchstone, he is pushing a product which will complement it.

The TRW thing was a letter of intent, so I don't think any contract was broken. Obviously it didn't work out. Although I too appreciate it when people mention the bad as well as the good news, I don't see too many CEO's fighting each other for the newspaper headlines to tell everyone how things didn't work out as hyped.

I was the person who mentioned the 600,000 shares. I'm sorry, I was wrong. I look at the BC Security Commission's insider trading report on the net each week and it says the number of securities acquired and sold. I just assumed that it meant shares, I forgot about options.

I believe that Mytec's product is a good one, after all, it was one of 5 companies in the world to be certified by the ICSA...that's got to mean something.

I'm not saying you're wrong to be angry, you're probably right. But don't misrepresent the facts based on hearsay.

Jamie