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Gold/Mining/Energy : SCS Solars Computing Systems Inc.

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To: cash money who wrote (1164)1/17/2000 9:44:00 AM
From: Famularo  Read Replies (1) of 1201
 
From Cancaccord's daily report.

SCS Solars Computing Systems (SCS : CDNX : $1.01) David Wong (604)
643-7739

Recommendation: STRONG BUY
Web site address: www.solars.com
12-month target price: $2.25
52-week price range: $1.80-0.57
Shares O/S: basic 35.8M, fully diluted 44.3M
Major shareholders Mgmt. & Directors, 10.5%
Weekly trading volume: 2.1M
Market capitalization: $44.7M (f.d.)

The month of January has been a busy one for SCS: it signed on another
two air/tour operators for a total of four within the first two weeks
of the new year.

* TFI Tours International is a New York-based company that
consolidates airfares for 21 airlines and offers destinations around
the world, including destinations such as Asia, Europe, and the Middle
East.

* D-FW Tour is a Dallas-based company with annual sales of over US$40M.
D-FW consolidates airfares for 35 airlines and is one of the major
suppliers of discounted airfares to travel agents.

Both companies realize the value-added benefits of signing onto the
Solarnet Network, not only to reduce operating costs but also to
improve both productivity and profitability. Also, what is important
to note is that SCS is signing on more US clients, which will help to
create more awareness and help to brand the Solarnet Network.

We continue to be encouraged by these developments and maintain our
STRONG BUY on SCS with a target price of $2.25.
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