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Gold/Mining/Energy : Envoy Communications Group (TSE : ECG)

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To: TLCervantes who wrote ()	11/23/1999 9:33:00 PM
From: tony	Read Replies (1) of 274

Little reminder of what's next... Another 9 trading days or so before year end results, which on weighted average shares should show a comfortable 22 cents a share( as per DS analysis and the company comments). I didn't expect that $7.50 at the close triggered by Merrill late afternoon today, while markets tanked in profit taking and Thanksgiving holidays. It seems that Wong's reiteration of his target today reminded the late comers to take position promptly. We still expect at least one news release before earnings, for contract win ( dot.com, Beer retailer...)and another acquisition maybe, as we know 3 other acquisitions are in the works including one in UK and another in the US which might take us to Nasdaq with a "big bang" ( just remember Genovese's words for the Nasdaq listing). The company insists that Decision Room is still in the works and any news of integration with Lotus Notes as some suggests would be huge and has direct effect on net earnings. As I reached my breaking point today, I have added more into my position at the closing, as I know I won't have another chance. But I don't think any news would be released this week for the US holidays, next week would get us closer to our target. The target that I set in my earlier posts, excludes any of these major events and now I'm not shy to set anything from 10 to 12 dollars after earnings and a comfortable 18-20 dollars on Nasdaq.( personal view of course) Then I wanna see the conservative DS and Wong's one year estimate being refurbished. And the countdown begins..... RRRegards,

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