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

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To: Cush who wrote (142)	1/16/2000 2:52:00 PM
From: Uncle Clive	Read Replies (2) of 274

According to a prospectus filed June 1999, Microsoft Canada accounted for 18% and 7% of Gross margin in Fiscal 1998 and the first half of fiscal 1999 respectively. Here is the link. sedar.com Funny that in the G&M article Genovese dismissed it as only 2-2.5% of their business as I recall. In the risk section of the prospectus you will note that the company said that the loss of any of the top 5 accounts (41% of business collectively), could adversely affect the company's future financial performance.

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