You are not completely alone here!! I have been lurking and reading, but since I have had nothing substantive to post, I've kept quiet. I could not be more pleased about the recent run up. I bought after the big dip earlier this year at $5.60, and have been waiting patiently for the reward.
A Nasdaq listing would be ideal; these days if you're a tech outside of the US exchanges, you get almost no respect or attention. A listing could do wonders for the stock. Has there been a definite statement of intent to list? If so, I must have missed the release at some point.
I would expect revenues to increase significantly in the next 2 to 4 quarters. Many clients have been deferring new software orders due to their redirection of resources to Y2K concerns, and this has affected most small to large software companies. This pressure appears to be easing significantly, and the stock of firms in the US such as DCTM, PSFT, JDEC, WIND and others has responded very well in the last month or so. Software should, in general, be highly favoured going into the new year. The clear undervaluation of DMC relative to other, similar firms should begin to be corrected. However, without a US listing, DMC will continue to bear the (apparently) nearly permanent discount that most Canadian-only companies suffer with (compare the relative historical valuations on CDN versus US banks).
Anyway, cheers on the foresight to buy into DMC when you did!!
Good Trading,
Jim Lang |
