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


To: Ken O'Connor who wrote (57)5/17/1999 12:43:00 AM
From: Mike Jubian  Respond to of 69
 
Hi Ken,

Hydroforming can be very profitable. Dofasco is doing very well with this process, and continues to expand to meet growing demand.

newswire.ca

If RLT is involved with Hydroforming, it will add great shareholder value. I am very excited to hear about their business plans for this market.

MJ



To: Ken O'Connor who wrote (57)6/3/1999 10:18:00 AM
From: Mike Jubian  Respond to of 69
 
Royal Laser Tech Corporation Announces expansion, hydroforming initiative

TORONTO, June 1 /CNW/ - Royal Laser Tech Corporation, a leader in the
production of custom metal and wood based products using advanced laser-based,
computer integrated manufacturing systems, announced today the purchase of its
first hydroforming machine. Initially this machine will be used for
prototyping and low volume production runs for the company's
automotive/industrial division.
Hydroforming machines use high pressure water to form metal parts.
Hydroforming results in more uniform dispersion of metal with the resulting
significant reduction in the weight of the finished products. It also has the
advantage over traditional stamping machines in that the tooling costs are
substantially cheaper.
The company expects to spend between $5,000,000 and $7,000,000 in fiscal
2000 on hydroforming related costs. It expects the first machine to be
installed and operational by the fourth quarter of its fiscal 2000 year.
The company also announced that it will be expanding two of its existing
plants effective immediately. The Mississauga plant will be expanded by 30,000
square feet to increase the company's ability to service two of its key
customer needs during the next year. Also, the Claireville plant will be
expanded by 50,000 square feet primarily to house the new hydroforming
project.
Bill Iannaci, President of Royal Laser, stated ''We have always been a
company on the leading edge of technology, as innovative users, and we expect
to remain there. Hydroforming is the next level of manufacturing technology
for metal and we anticipate many potential applications for the technology.
Many of our existing customers have a need for the added service capability we
will be able to provide.''
The company's year end is April 30, 1999 and the company expects to
release its year end results by mid-July.
The shares of Royal Laser trade on The Toronto Stock Exchange under the
symbol ''RLT''.




To: Ken O'Connor who wrote (57)7/2/1999 10:23:00 AM
From: Mike Jubian  Respond to of 69
 
Ken, do you have any insight as to what we can expect in next Q release? RLT has a strong support level at $8.00, if 4Q results are positive we will see an increase in share price. I haven't been able to confirm any acquisition. Would you like to take a guess as to who it might be? The Mississauga expansion for current customers is very positive, I hope this will be reflected in 4Q earnings. Any comments would be appreciated.

MJ



To: Ken O'Connor who wrote (57)7/8/1999 5:36:00 PM
From: Mike Jubian  Read Replies (1) | Respond to of 69
 
Ken,OSF must be OSF.

newswire.ca

MJ