Yessireee..... Like Dat OT :-)
Try Risa at First Hawaiian on Beretania..... she used to lend me plenty money to buy Condo's & Motor scooters :-)
BTW: I really liked Tina's/IR explaination/significanse(sp) of the TSE listing:
To all our shareholders,
I thought it helpful to elaborate what a listing with the TSE really
means to us.
The Toronto Stock Exchange consistently ranks as one of the world's top
exchanges and is Canada's premier market for senior equities, accounting
for approximately 95% of all equity trading in Canada. In 1999, more
than 29 billion shares traded, worth more than $529 billion - about $2
billion a day in share transactions.
A big player in the TSE 300 has been Nortel, however companies such as
Merrill Lynch & Co Canada, Ballard Power Systems, Four Seasons Hotels,
Fairfax Financials, Royal Bank, TD Bank, Shell Canada are a mere handful
of the companies listed.
As of September 26, 2000, the Toronto Stock Exchange outpaced all major
world markets in the new millennium. Its benchmark index, the TSE 300
Composite Index®, closed at 10630.98 on September 25, 2000 to record a
YTD gain of 25%.
There has been well-documented interest in companies such as Nortel
Networks Corporation and BCE Inc. However, an analysis of the market
shows the nature of the upswing to be more broad based, with 9 of the
TSE 300's 14 sub-sectors showing a YTD percentage increase greater than
10%.
G7 Performance Comparison
In a global context the TSE has fared much better than its G7
counterparts. Table 1 ranks the YTD index performances of the G7 markets
as of September 25, 2000. The TSE 300 returned 25%, 16% better than the
next-best performance of the Italian market.
Table 1
G7 Market Index YTD % change
® As of Sep. 25, 2000
TSE 300 Composite 24.5
MIB TEL, Milan 8.6
CAC - 40, Paris 5.6
S&P 500 -2.9
DAX, Frankfurt -3.2
Dow Jones Industrials -7.5
NASDAQ Composite -9.3
FTSE 100, London -10.3
Nikkei 225, Tokyo -15.9
Source: globeinvestor.com
Considered in a narrower North American context the TSE 300 return looks
even more remarkable. It has outperformed the S&P500 by 27%, the Dow
Jones Industrial Average by 32% and the NASDAQ Composite by 34%. In
fact, these US indices have all lost ground since January.
The narrower S&P/TSE60®1 index has a YTD stock price index value return
of 29%.
This is a tremendous step for us. Hope this helps. If you have any
further questions please feel free to contract ir@sideware.com.
Sincerely,
Tina Foucher
Investor Relations Coordinator |
