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Gold/Mining/Energy : Jetcom Inc.

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To: NICVIC who wrote (123)3/1/2000 1:21:00 AM
From: Helmut  Read Replies (2) of 140
 
Up another nickel to 55 today on 160K shares.

I e-mailed Shaun Darchiville last night and got a reply this afternoon that gave me the sense
that he's got a clear vision of his task and is pursuing a well-planned strategy. The
question I put to him was which of the business areas was developing most rapidly right now.
His personal reply was brief but he attached a recent update of the company which I can e-mail
to you if want it. He said there are several things going on, including Jetcom's intent to
become the dominant supplier of C-band TV services in Canada, and development of the new
E-Commerce Division. He also expects a listing change to CDNX in May or June. He says
they should be putting out a series of press releases "over the coming weeks".

I particularly like one line of the Update: "Resources are currently being directed to produce
positive return on investment for our shareholders."

HK
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