Post says Micro Tempus a SureFire winner
Micro Tempus Inc MTP
Shares issued 49,004,462
Feb 1 close $8.60
Wed 2 Feb 2000 In the News
The Financial Post reports in its Wednesday edition that Micro Tempus, recently renamed SureFire Commerce, has disclosed sharply improved revenue and a small operating profit, capping a year during which the company's stock climbed from 27 cents to just less than $10. Reporter David Akin notes that in the third quarter, ended Dec. 31, the company completed a name change, switched its business model, bought a unit of BCE Emergis, agreed to acquire a Boston-based shopping portal, and signed a couple of strategic deals. Investors cheered the moves, doubling the stock price between Dec. 22 and the end of January. "This quarter was a new beginning for a new company, operating on an entirely new business model," says chief executive Rory Olson. He says this growth shows the initial acceptance of SureFire's solution, which is even more significant considering that this has been accomplished without the benefits of any major marketing initiative, in three to four short months.
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