SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gensci Regeneration Sciences Inc. (GNS) -- Ignore unavailable to you. Want to Upgrade?


To: twentyfirstcenturyfox who wrote (147)4/6/1999 7:25:00 PM
From: Edward W. Richmond  Read Replies (1) | Respond to of 225
 
Inge, I spoke directly to Louis Plourde in Toronto to get my information. Is the VP of Finance named Cook? If so, I spoke to him once. He seemed to be pretty straight. I appreciate James DeMesa and I believe James Trotman is an honest man. Beyond that, I really don't know. We have had some much hype and propaganda that I am fairly cynical. When the IR firm would give some upcoming event or announcement, my response was to ask for the time frame and then call them back at the appointed time. They were usually embarrassed.
The current price, in my opinion, is what the company has earned. I don't see it as undervalued. In fact, I believe the stock price is overvalued if the admin and general marketing expenses are not brought under control.
The product is great but......
I have to make a decision as to what to do with our shares. IF expenses do not show a rapid decline, I think it will be time to pull the plug.
You may well be right. Louis Plourde may be the wrong guy to talk to.
Regards, Ed



To: twentyfirstcenturyfox who wrote (147)4/7/1999 6:39:00 PM
From: Edward W. Richmond  Read Replies (1) | Respond to of 225
 
Don, Last year's Q3 results came out on May 29, 1998. That is almost exactly the 60 day limit set by the exchange. My speculation is that if the results are positive, we may see them before the end of the month of May. However, if they are not great( ie. huge admin. expenses), I expect that the release will at the end of May. The company can then possible counter the poor results by showing what has been happening in Q2.
I have my opinion about Q1, but I'll wait and see. I don't to be too pessimistic about the company and its operation.
Regards,
Ed
P.S. You may have bought in early at $2.35, but you now stand in a loss position. Hard to believe.