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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Vitalsigns who wrote (2543)6/9/1999 8:48:00 AM
From: swot  Respond to of 3896
 
This is, most definitely good news! How the market responds to it will be revealed over the next couple of days. Not to be negative (I'm long MCF) but I hope the run up from $5.15/share wasn't based on leakage of this contract. In any case, Microforum's ability to secure such a prestigious contract, and the fact that Ford is most definitely favouring them:

- <cite>In addition, PPL Marketing was recently awarded Ford's Marketing Excellence Award for 1998. This award recognizes PPL Marketing Services as a consistent supplier of excellence in service and execution to the Ford Motor Co.'s 1998 marketing programs. The award is based on a selection of projects that PPL worked on throughout the year. Microforum's PPL Marketing has won this prestigious annual award on seven other occasions. - </cite>

is a good indication that we will probably (IMO) see more contracts between these two companies in the near future. As well, this will give Microforum a better position to spearhead other U.S. deals.

BTW, didn't Ford just recently announce that they're expecting to out produce GM by the year 2005?

Should be interesting,
Marty P.