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Microcap & Penny Stocks : ACCUGRAPH (ACCUF, ACU.A)
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To: david james who wrote (177)9/24/1997 8:50:00 PM
From: Serge Collins   of 276
 
David, I looked up the $0.13 estimate that was mentioned recently through a paid site (Nelson's Information, Inc.) and can confirm that indeed there is such an estimate. There are four firms that actually cover Accugraph. They are as follows: Marleau, Lemire Securities, Mesirow Financials, RBC Dominion Securities and Scotia Capital Markets. Both Marleau and RBC issued reports on the company in 1996, the last being a report by Marleau, Lemire on October 24, 1996.

However, I don't think either of these firms is responsible for the earnings estimate as it was issued more recently. Therefore it is probably the work of one of the other firms and I can confirm that there is in fact an estimate of $0.13 for 1997.

I would like to find out who made the estimate and see the report if possible. I will continue to look into this matter.
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