GREY:ISYRF - Post by User
Post by
shakkaon Aug 09, 2000 4:01pm
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Post# 2301675
Where ICS will be in 2-3 months
Where ICS will be in 2-3 monthsHey everyone, the price drop that we have seen over the last month or so is driven mainly by the institutions that hold 55% of ICS's outstanding shares. They want to buy your shares at these low prices. ICS's growth has been exceptional each quarter and they have re-iterated that they plan on listing on the TSE by the end of this year. I watched on ROB TV about 3 months ago when Derek Spratt was on. He talked about the company and said out-right that they have began the process to list on the TSE and expect to do so by years end. I know that this stock is worth atleast $20 considering Windriver systems is trading $33US. The CDNX has not performed the same since the big correction and ICS realises that for it to compete with the big players, it needs to graduate to a senior exchange like the TSE and eventually NASDAQ. Only time and patience will tell.
Long on ICS.
Shakka