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Gold/Mining/Energy : Conac Software Corp COT.V (was Exor Data) -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (441)3/11/1999 11:17:00 AM
From: Far Side  Read Replies (1) | Respond to of 527
 
Well, Conac is being run by the same group as is involved with MRY on Vancouver and MRY just obtained its OTC designation (trading about 150000 the other day) so, it is reasonable to believe that Conac will go that route also.

Obviously you like the Market Maker approach to junior companies listings even though Vancouver has probably the most stringent listing requirements going, especially for industrials (non-mining). I agree that this gives you some liquidity in exchange for the spread. However in Vancouver you have to look at the competence of the companies financial management group. Mry is viewed as having one of the strongest management groups around and I believe that Conac will enjoy this same environment.

Note with Mry that the stock has not taken off but has maintained a good steady climb. It is being managed for holders, NOT TRADERS. Look at COT. It is performing in the same fashion. Now look at the business. It is an excellent one with a good future. Don't ruin it in the stock market.