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Gold/Mining/Energy : Is SMED ready to rebound? (T.SM) -- Ignore unavailable to you. Want to Upgrade?


To: Tupulak who wrote (8)2/17/1999 10:44:00 AM
From: Praxis  Read Replies (1) | Respond to of 16
 
Yea, Royal is to be taken private by Trilon for $4.75 cash plus 1/2 of a purchase warrant, I was just suggested better run alternatives to Carma.
SMED seems to have their production line back in hand, from what I gather they're having problems getting their designers properly retrained on their new CAD software and they're slowing down on the large co. sales side. Either way, I'm going to sit on the sidelines for a bit more before I add to my position as I think we could maybe even see $6.50 before we reach bottom.