Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: antee who wrote (6458)	4/10/1999 5:58:00 PM
From: keith massey	Read Replies (2) of 62347

Just for the record, the ANC thread is Subject 3577 the other ANC thread is dead. It looks like management of ANC purposely put a stop to ANC's run. They used a negative tone in their news release for some unknown reason. Not sure if they are trying to hold the price down or what they were thinking? I think this latest run caught the company really off guard. Just for the record I'm not expecting .04 earnings for the next quarter since part of last quarters earning were a technology transfers between them and Hummingbird. I posted this as part of the DD I posted to the thread on Sunday and gave a link to. The last quarter earnings were the ones that powered the year. They had earning of .04/share for the last quarter. Which is the first profitable quarter since April 1995 when the company earned 0.0078/share. In this quarter they earned $1,333,000 on revenues of 2,354,000. A big part of these earnings came from a technology transfer with Hummingbird (around $1-1.6 million). According to ANC's annual report released March 26 1999 the terms of the agreement are covered by a mutual confidentiality agreement so no exact numbers or royalties fees are not given. However on page 6 of the annual report they state "These types of transactions involve initial developer licensing fees, and agreed compensation (primarily run-time license fees) for the deployment or interaction of our data mining components with other systems" From this statement I take that along with the lump sum payment ANC will also receive quarterly payments from Hummingbird. However until the next quarters financials we will not know for sure. Everyone do their own DD. I thought I would post all the DD because this company looked good in the medium to longer term. I never thought it would turn into a day trade but it turned into a great day trade for those who were quick on the draw. I'm out of half for a nice profit and am holding free shares in my longer term account. Hope some people made some good money. Best Regards KEITH

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