SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Xenos Group goes public on the Toronto Stock Exchange XNS
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Intrepid1 who wrote (43)12/29/1999 11:12:00 AM
From: AugustWest  Read Replies (1) of 79
 
Cdn Business says Xenos outlook is bright and clear
Xenos Group Inc. XNS
Shares issued 7,772,500 1999-12-23 close $34.5
Friday Dec 24 1999

Canadian Business says in its Dec. 31 issue that as far as Toronto software maker Xenos Group is concerned, the more electronic bills you pay, the better. The prospects for Epost may be murky, but the outlook seems a lot clearer and brigher for Xenos. The Toronto company's electronic document presentment software is a key element in Epost's electronic bill presentment and payment service. Besides Epost, Xenos boasts an impressive list of clients who are now using its Documorph brand software. Among them are Bear Stearns, Merrill Lynch, Manulife Financial, Bank of New York and Bell Canada. With the electronic bill presentment and payment market expected to reach $31-billion by 2005, Xenos is well positioned to cash in. This prospect explains why Xenos's share price skyrocketed to more than $24 in early December, up from its initial public offering price of $8.50 in August. President and chief operating officer Martin Keenan says that Xenos has been waiting for the market to catch up with its vision, and that is now happening.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News