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Gold/Mining/Energy : #1 in Industry 'MC2 Learning Systems' MCZ.A - ASE

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To: bigbuk who wrote (33)2/13/2000 10:34:00 AM
From: Ian A.  Read Replies (1) of 147
 
Buy recommendation in National Post

Pow is changing his recommendation on MC2 Learning Systems Inc. (MCZa/CDNX) $17.55 ($19-$2.30) to a "buy." This was his "sell" in the column last February, when the stock was trading at $3.10. MC2 initially focused on Internet-based technology for student-teacher collaboration and Pow had concerns about the competitiveness of this product.

He says there has been a material improvement in the company's scope after it bought Markham, Ont.-based SoftArc Inc. last June. SoftArc specializes in messaging and group software, which allows for collaboration on networks.

MC2 can now offer "unified messaging technology, whereby users can obtain their voice-mail or e-mail messages from one site."

Furthermore, SoftArc's groupware product, FirstClass, has 7% of the world market.

nationalpost.com
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