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Gold/Mining/Energy : CANADA PAYPHONE - CPY(vse) -- Ignore unavailable to you. Want to Upgrade?


To: Ontopequity who wrote (116)2/18/1999 8:32:00 PM
From: swot  Read Replies (2) | Respond to of 171
 
Anyone still alive on this thread? Although not much was specifically noted in the latest NR, it seems as though they're making progress.

--Taken from the latest news release --

"The meeting was an opportunity to inform shareholders on the recent successes of our company," said Bruce Clark, President and Chief Executive Officer of Canada Payphone Corporation. "We were pleased to report that we have now made the transition from a developmental phase to an operational phase, aggressively deploying pay telephones and public internet terminals in major centres across the country. We will beat our location targets in the first calendar quarter. Part of this operational phase also includes our stronger financial position due to more effective controls and reduced overhead which mean significant cost savings for the company."

Could it be heading towards a higher share price in the near future - next 3 to 6 months? I've been watching this one for the past several months and have not bought in as of yet but I feel that this could be the time to do it.

Any comments?