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Technology Stocks : RLT Royal Laser Technology (tse) -- Ignore unavailable to you. Want to Upgrade?


To: Ken O'Connor who wrote (13)3/5/1999 9:06:00 AM
From: Mario Gallant  Read Replies (1) | Respond to of 69
 
As part of my DD I have found 2 articles written on this company in older issues of Investor Digest. One is quite lenghty and both were very positive. The first was by analyst Eric Viveiros of CTI Capital who had a 13 month target of $ 15.00 ( published in July 17, 1998 issue ). The second was a brief note on the company by Yorkton Securities where 2 analyst with them had strong buy recommendation at $ 6.60 with a target price of $ 13.00 in the next 12-18 months. ( published in Sep 25, 1998 issue.)
The last issue of Investor Digest shows 3 analyst covering this company with all 3 buy recommendations. The Consensus Estimates for earnings is as follow: this year= 0.56, next year= 0.85
I will try to take a position in this company today.

Regards,
Mario.



To: Ken O'Connor who wrote (13)3/5/1999 10:40:00 AM
From: nokomis  Read Replies (1) | Respond to of 69
 
Ken, thanks for posting, but I disagree we should look for similar results in the quarter to be released before March 12. They should be CONSIDERABLY better than last quarter (as reported) was adversely affected by strikes at three of RLT's U.S. customers (shipping to them was a problem, through no fault of RLT).

I have since confirmed with RLT that no such problems were evident in upcoming quarter, that plant is operating to full capacity and that November (lst month of upcoming quarter) was the best in sales ever (from Bill Ianacci)...no acqusitions decreased their cash flow and all profits will be directly to the bottom line. I expect nothing short of spectalular results (especially considering Seven Continents full contribution to this quarter!)

What a suberb investment and what a great time to get in for new investors...

cheers,
NOK