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Gold/Mining/Energy : Eicon Technologies - Montreal exchange -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (180)	11/6/1998 5:59:00 PM
From: Maurice Siu	Read Replies (1) \| Respond to of 295

Frank...thanks for the post of the news release. Is there an opinion out there as to the posted quarterly results...are they considered "good" or "bad" by the investing community? Stock came down to $3.55 today from a close of $3.80 yesterday. One part that caught my eye was the strategy for high volume low margin way of doing business. It reminded me of Image Processing Systems (IPV-TSE) which in June98 was named the "fastest growing company" in Canada, all sorts of accolades were heaped upon this company....their strategy has been high volume low margin, they have backlog orders at this point of $23 million. However, because of the low margins they have been losing money every quarter and the stock has plummeted.....it doesn't matter how high your sales are or how big the revenue figure is, if you don't make money then you are losing money!!!!! I hope Eicon is a better run company than IPV...at least they are making some money...small or not. Maurice