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Gold/Mining/Energy : BCE Emergis - global e-commerce
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To: Dani who wrote (29)3/21/1998 6:02:00 PM
From: sPD  Read Replies (1) of 1341
 
Dani, IFM was featured in today's Financial Post.

In the Market Action section, Yorkton's Mark Pavan is said to believe that "the stock is most likely being fuelled by rumours that the firm is about to sign a significant distribution agreement".

I find it very difficult to believe that this alone would account for a 60% rise in a month - unless the partner is Microsoft, IBM or some other incredible biggie.

Certainly a Nasdaq listing is not too far off - IFM has now reached the capitalization that they had set for themselves to go for it.

On the other hand, this company has to look very good to a major telecom, networking or system integrator. BCE would seem like a natural to me, but that's pure speculation on my part.

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