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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: LABMAN who wrote (452)	1/20/1999 11:18:00 AM
From: donkeyman	Read Replies (3) of 3896

LABMAN: When you reported MCF at $3.00/share as a 12-month target by Canaccord (Post # 452), you didn't say what the $3.00/share was based on. I've since seen post #415, the original. Canaccord based the $3.00/share on Microforum's (MCF) SALES.!!!!!. They used the old fashioned system of rating an Internet play like MCF. Don't Americans rate Internet stocks looking into the future.???? In other words, if some of those NASDAQ stocks had to be rated on their sales, rather than the future, they might be a $10 stock instead of $100 if you know what I mean.!!! When the Americans find out about MCF it should be rated a lot higher, What do you think??. I heard the other day, Canadians don't know yet how to put a target price on Internet stocks. ???

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