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Gold/Mining/Energy : Aastra Technologies - telephony, e-cash, mini-ATM -- Ignore unavailable to you. Want to Upgrade?

To: sPD who wrote (137)	8/4/1999 6:47:00 AM
From: StockPro	Read Replies (2) \| Respond to of 233

NP says Sprott's Ms. Hughes likes Aastra, Global Thermoelectric Aastra Technologies Ltd AAH Shares issued 9,347,101 1999-08-03 close $5.05 Wednesday Aug 4 1999 Also Global Thermoelectric Inc (GLE) The National Post reports in its Wednesday edition that the resurgence in the cyclical/resource sector of the Toronto Stock Exchange is well under way and rotation of these stocks should persist, says Eric Sprott, president of the Toronto-based brokerage firm Sprott Securities Ltd. He considers that the picture in North America has changed from one where inflation was benign to one where it is escalating. Mr. Sprott is recommending energy services companies. These are a play on the rebound in oil prices and on the strength in natural gas prices. Sarah Hughes, research assistant at Sprott, has chosen two special situations for the column. Toronto-based Aastra Technologies Ltd. sells consumer telephony products, such as caller identification adjuncts and a variety of telephone sets. It sells to the majority of telecommunications companies in North America as well to mass retailers. Ms. Hughes' earnings per share estimates are 46 cents for 1999 and 62 cents for 2000. Calgary-based Global Thermoelectric Inc. is developing a solid oxide fuel cell that generates electricity and heat with no harmful emissions. In mid-April, it announced a deal to develop an advanced fuel system for Delphi Automotive Systems Corp.