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Technology Stocks : Norsat Intl (Nasdaq:NSAT)value and growth in Wireless
NSAT 11.500.0%Jul 20 5:00 PM EST

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To: lazarre who wrote (258)1/19/2000 8:20:00 PM
From: Cheeky Kid   of 397
 
I personally believe news of being added to the TSE Composite Index isn't driving the stock:

Thursday January 6, 2000
Please note the following changes to the indices before the open Friday, Jan. 21, 2000:

Stocks to be added:

MGI Software Corporation (MGI)
TSE 300 Group/Subgroup-06.10 --
Technology/software
TSE 200 -- N/A

Norsat International Inc. (NII)
TSE 300 Group/Subgroup-06.05 --
Technology/hardware
TSE 200 -- N/A

- - - - - - -

MGI Software Corporation mgisoft.com was mentioned at the same time as Norsat and MGI just started running in the last 2 days. On Jan 17/00 MGI closed at 26.70, today it closed at 37.50 on large volume. Jan 6/00 - date of news about the TSE Composite Index, MGI closed at 27.95.

On Jan 6/00 news about the TSE Composite Index, Norsat closed at 23.50, and climbed steady after that. That's 23.50 Canadian. Norsat closed today 38.60 on Toronto.

If I get time, I'll call Norsat tomorrow.

I don't have a position in MGI.
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