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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE]

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To: pat mudge who wrote (393)2/15/1999 10:48:00 AM
From: Frank Ferrari  Read Replies (1) of 792
 
Hey Pat,

I found this article on bloomberg, mentions Crosskeys.

bloomberg.com

Canadian Equity Movers: Golds, Crosskeys, Gulfstream Resources

Toronto, Feb. 15 (Bloomberg) -- Canadian stocks were mixed
as gains by Bombardier Inc. and Newbridge Networks Corp. offset
losses by Northern Telecom Ltd. and BCE Inc.

The Toronto Stock Exchange 300 Composite Index rose 7.61, or
0.1 percent, to 6441.30.

The following stocks are making significant gains or losses
in Canadian markets today. Symbols are given in parentheses after
company names.

Inflows and outflows represent the difference between the
value of trades made at a higher price than the previous trade
and those made at a lower price.

Such money flows show whether people are willing to pay more
for a stock that's rising, or to sell a stock that's falling for
less. If they aren't, it's a signal that the share price may soon
change direction.

Gold stocks rose after the price of bullion for immediate
delivery rose US$0.20 to US$289.75 in London. Barrick Gold Corp.
(ABX CT) rose C$0.10 (US$0.07) to C$29.20, Placer Dome Inc. (PDG
CT) rose C$0.10 to C$18.10, and TVX Gold Inc. (TVX CT) rose
C$0.02 to C$2.17.

Alliance Forest Products Inc. (ALP CT) rose C$0.20 to
C$16.50. The Montreal-based timber and paper company said fourth-
quarter profit fell to C$11.8 million, or C$0.31 a share, from
C$13.1 million, or C$0.37, a year earlier, beating analysts
estimates. Alliance was expected to earn C$0.21 a share, the
average estimate of four analysts polled by First Call Corp.

Crosskeys Systems Corp. (CKY CT) rose C$0.50 to C$9.75. The
Ottawa-based telecommunications software company was reiterated
''strong buy'' by analyst Barry Richards at Sprott Securities.
The 12-month target price is C$17.00 per share.

Extendicare Inc. (EXE/A CT) fell C$0.30 to C$5.65. The
Markham, Ontario-based nursing home operator was cut to
''reduce'' from ''buy'' by analyst John McIlveen at Scotia
Capital Markets, and cut to ''underperform'' from ''hold'' by
analyst Rossa O'Reilly at CIBC Wood Gundy.

Gulfstream Resources Canada Ltd. (GUR CT) rose C$0.10 to
C$3.05 on outflow of C$10,000. The Calgary, Alberta-based oil and
gas company said fiscal first-quarter profit rose to C$11.4
million, or C$0.19 a share, from C$2.7 million, or C$0.05, a year
earlier.

PC Docs Group International Inc. (DXX CT) fell C$0.15 to
C$6.75. The Toronto-based legal software maker said its directors
rejected an unsolicited takeover bid from Solution 6 Holdings
Ltd.

Repadre Capital Corp. (RPD CT) rose C$0.10 to C$2.45. The
Toronto-based mining investment company said it agreed to acquire
shares of Golden Knight Resources Inc. for a combinations of
cash, shares and warrants of Repadre.

Uniglobe Travel Online Inc. (UTO CV) rose C$0.35 to C$6.15.
The Vancouver, British Columbia-based online travel information
agency said traffic to its website and travel bookings doubled in
January compared with December.

Cheers
Frank
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