SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Eicon Technologies - Montreal exchange -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Siu who wrote (177)11/2/1998 1:36:00 PM
From: Famularo  Respond to of 295
 
Globe says Bunka bullish on company's prospects

Eicon Technology Corporation EIC
Shares issued 33,176,665 Oct 30 close $3.15
Mon 2 Nov 98 In the News
The Globe and Mail reports in its Saturday, Oct. 31, 1998 edition that
Chris Bunka, who writes Bunka's Outsider's Overture, singled out Eicon for
special attention in the latest edition of his report, describing it as a
company that appears to be making great strides with few missteps. The
Globe's Investor Alert column reports that Mr. Bunka notes that the stock
has declined substantially in recent weeks, but suggests it is a reflection
of the general market correction. It dropped from $3.77 in early September
to $2.90 on Oct. 8 before recovering and closing yesterday at $3.07.
Despite the drop, he says he has remained fairly bullish on the company's
prospects. The company's past performance leads Mr. Bunka to believe that
it should be able to maintain profitability levels similar to last year. He
is also impressed by the marketing partnerships Eicon has lined up with
computer makers such as Compaq Computer in recent months.