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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: Lorraine R who wrote (690)5/26/1999 10:07:00 AM
From: blue_chip  Read Replies (1) of 1690
 
NP says Acumen's Brian Pow could sell Infowave

Infowave Wireless Messaging Inc IWM
Shares issued 15,305,655 May 25 close $4.10
Wed 26 May 99 In the News
The National Post reports in its Wednesday edition that there are some
Canadian technology success stories that should command greater attention,
says Brian Pow, senior technology analyst at Acumen Capital Finance
Partners Ltd. in Calgary. The good news is that the market for North
American technology stocks is finally returning to fundamentals. Mr. Pow
believes it could be time to take some profits in Infowave Wireless
Messaging Inc., which closed yesterday at $4.10. The company, based in
Burnaby, B.C., makes software that enables Mac users to connect their
computers to non-Apple printers. Infowave also has a wireless division that
is for developing mobile computer software for wireless data
communications. The stock shot up recently and "is ahead of the
fundamentals," says Mr. Pow, who recommends that investors either sell the
stock or hold it until the fundamentals catch up.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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