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The normal volume of this company is a few thousand shares. On May 24 volume soared and the share price went up .30 cdn to over six dollars a share. This is a company that I know very well, I've owned the shares for four years now. ISG is a very well run company with cash in the bank, in fact in their last quarter, March 31, they had interest income of $800,000. cdn. What does the company do? They are the world's leading provider of visualization software for the medical imaging industry. ISG's software is incorporated into medical imaging devises such as CT scannners and MR images. See their site at isgtec.com. As far as I know, they have no serious competition. Over the years they have signed agreements with any possible competitor providing ISG software to companies such as: GE, Philips, Kodak and others. The shares have traded as high as $8.00 cdn a few months ago and I see the shares easily attaining that level again. In the longer term, eleven dollars is a good possiblity, a level ISG traded at in early 1995. I wonder who bought a large chunk of the company on Friday? Profitable investing John | ||||||||||||
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