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Technology Stocks : High Growth Techstocks for 1998

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To: White Shoes who wrote (563)7/31/1998 4:37:00 AM
From: Link Lady   of 598
 
Here are some linksfor Bruncor(NBTel). Let me know if this is what your looking for.
I spoke to IR they expect to reapply for cable license for all of NB after further testing using ImagicTV technology
nbtel.nb.ca
nbtel.nb.ca
bruncor.com
bruncor.com

SAINT JOHN, N.B. (Dow Jones)--Bruncor Inc. (T.BRR) unveiled ImagicTV Inc., a
51%-owned company based here that has developed the technology to deliver
broadcast television services over existing copper telephone wires.
In a news release, Bruncor said its investment in ImagicTV will enable it to
expand its VideoActive network throughout New Brunswick by adding broadband
capability to regular phone lines.
It said ImagicTV's "telco-ready" software will enable telecommunications
companies worldwide to deliver broadcast television to residential customers,
turning traditional copper telephone wire into high-speed Internet Protocol
networks like NBTel's VideoActive network. This solution is designed to
integrate into any telecommunications firm's existing infrastructure, it said.
NBTel is owned by Bruncor.
Bruncor said ImagicTV's solution combines quick access to Internet services,
including Web surfing and e-mail, with broadcast television and enhanced
features such as instant "click and view" and pay-per-view programming.
It said customers who choose NBTel's broadcast television service, which
NBTel hopes to begin offering early next year, would receive an extensive
channel selection - all delivered in "digital-quality picture and sound."
Self-serve options will be a fundamental part of the offering, it added.
Bruncor is a telecommunications provider.

The balance of ImagicTV is owned by Celtic House International Corp., a firm
which provides financing to start-up companies in the information technology
sector, and Newbridge Networks Corp. (NN), a networking company.
(E
0


07/07 10:46A (DJ) Royal Bank Canada, Koch Indus In Derivatives Mktg Alliance

CALGARY (Dow Jones)--Royal Bank of Canada (RY) and Koch Industries Inc. said
they have formed a strategic alliance that will enable the two companies to
jointly market their respective energy-related trading and derivatives
capabilities to clients in North America and overseas.
In a news release, the companies said Koch, headquartered in Wichita, Kan.,
has been active in Canada's oil and gas industry through a number of
subsidiaries and has nearly 600 Canadian employees in heavy oil and gas
exploration and production, oil and natural gas marketing, commodity
derivatives and the manufacturing of industrial products.
In a separate release, Royal Bank said it and Bruncor Inc.'s (T.BRR) NBTel
unit are launching a pilot project that will allow subscribers to NBTel's Vibe
service who are Royal Bank Mondex clients to purchase goods and services on
the Vibe Intranet with their Mondex smart cards. It said the pilot will start
in the fall.
The bank said it will provide clients with a Mondex card, a smart card
reader and floppy disks containing Mondex software which will make their
personal computers Mondex-ready. From there, it said Mondex customers just
insert their Mondex cards into the reader and proceed with a purchase or
transaction.
Royal Bank said Mondex customers participating in the pilot project will

also be able to load electronic cash onto their cards or make deposits to
their bank accounts through their personal computers.
Royal Bank of Canada is a Canadian chartered bank.
(END) DOW JONES NEWS 07 -07 -98

TORONTO (Dow Jones)--Bruncor Inc.'s (T.BRR) NBTel unit said it and Balisoft
Technologies Inc. have joined to launch a new generation of Internet-based
call centers.
In a news release, NBTel said it and Balisoft will jointly develop,
integrate and market a comprehensive Internet customer service solution that
will "seamlessly integrate" into mainstream call centers.
The service will allow consumers and vendors to communicate via telephone,
e-mail and the Internet, with text and audio chat. The service will also
incorporate Web-content by using push technology, it noted.
It said the companies plan to offer the integrated service to about 50 major
call centers in New Brunswick by the end of the year, and to jointly market
the solution to other call-center providers.
Balisoft provides Internet-related solutions.
Bruncor is a telecommunications company.

OTTAWA (Dow Jones)--Bruncor Inc. (T.BRR), a New Brunswick telecommunications
holding company that is developing into a multimedia firm, is "pretty much on
track" for 1998, Bill Steeves, chief financial officer, told Dow Jones.
Bruncor's major asset and its principal source of earnings is its New
Brunswick Telephone Co. unit, the primary supplier of telecommunications
services in New Brunswick. Bruncor, in turn, is owned 45% by BCE Inc., a
Montreal-based holding company.
Bruncor had net income of C$10.3 million or 24 Canadian cents a share in the
three months ended March 31, down from C$11.1 million of 26 cents a share a
year earlier. First-quarter revenue rose 1.5% to C$130.4 million from C$128.4
million a year earlier.
Steeves said Bruncor's goal is to more than offset shrinking margins in
traditional telephone activities by expanding multi-media operations, which
include new ventures such as cable television. He didn't forecast Bruncor's
1998 earnings.
Bruncor's shares are trading on the Toronto Stock Exchange at 26.05, up
0.30. Their 52 -week high is 32.50 and their 52 -week low is 15.13.
The Canadian Radio-television and Telecommunications Commission last week

authorized NBTel to provide cable television to New Brunswick's two biggest
cities, Saint John and Moncton. Fundy Cable Ltd. (T.FDY) currently supplies
cable service in New Brunswick.
"We believe that being in the cable business is fundamental to being in the
multimedia business," Steeves said. He said NBTel expects to start its cable
service early next year, using an advanced copper-based technology that will
allow the company to take advantage of the copper wire network already in
place in the province. The technology is called ADSL, which stands for
asymmetric digital subscriber line.
Steeves said NBTel also intends to use the ADSL technology to extend to
Fredericton and other communities its Vibe interactive personal computer
service, which provides high-speed access to the Internet and other multimedia
services.
The executive said NBTel has almost 50,000 Internet subscribers in New
Brunswick, giving it a higher Internet market penetration than any other
region of Canada. Internet is now available to everyone in New Brunswick
without toll charge, he said.
(MORE) DOW JONES NEWS 07 -03 -98
09:43 AM

Bill Steeves, chief financial officer of Bruncor Inc. (T.BRR), said New
Brunswick Telephone will use the ADSL technology to expand its high-speed

broadband communications network. ADSL is the "technology of choice," he said.
In the Saint John area, NBTel has installed a more costly system, employing
hybrid fiber-coaxial cable. Steeves said NB Tel doesn't plan to use this
technology elsewhere.
Steeves said the switch to a less costly network technology will contribute
significantly to the company's plan to reduce its annual capital spending to
about C$115 million. In 1997, capital expenditures totaled about C$140
million, including about C$25 million for the hybrid fiber-coaxial network.
Bruncor currently generates 43% of its revenue from local phone services,
40% from long-distance services, and 9% from cellular and other mobility
services. The rest of its revenue comes from multimedia services, intellectual
property, directories, rents and other activities.
The company has retained a 91% share of the consumer long-distance market in
New Brunswick. But Steeves said the company believes it will be doing well if
it is able to hold its traditional long-distance revenues flat "over the next
period of time" in view of the decline in long-distance prices.
Most other NBTel operations are showing revenue gains. First-quarter
wireless revenues were up 10.5% from a year earlier, mainly because of an
increase of more than 11,000 cellular customers from a year earlier. NBTel
says it has 76% of New Brunswick's cellular market.
Steeves said Bruncor also expects growing income from the sale of the
communications technology it is developing on its own and in partnership with

other companies.
He said the company's second-quarter intellectual property revenue will
include part of the C$21 million proceeds from its sale of its remaining
475,000 shares of California-based Genesys Telecommunications Laboratories
Inc. (GCTI), a software development company with expertise in software
designed for call centers. Bruncor is to report its second-quarter results
July 30.
Steeves said Bruncor sees significant revenue potential from its full
service information technology company. This company is being formed through a
merger of Maritime Information Technology Inc. (MITI) of Saint John and
Bruncor's Datacor Corp. unit. Bruncor purchased a 94% interest in MITI for
C$22.6 million in April.
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