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Gold/Mining/Energy : MOSAID Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Tapcon who wrote (148)	9/27/1999 8:57:00 PM
From: Glenn McDougall	Respond to of 219

Good evening Paul; It was my pleasure to offer a hand to a fellow investor. Mosaid is a company that has been run well for a long time with Dick and George offering one of the more experienced tag teams in the business. If memory serves me well Dick Foss at one time had a odd chap by the name of Terry Matthews as one of his employees (during a stint at another firm)... Quite a teacher! Paul, feel free to contact me when you wish about stocks either on the stock thread or by sending me a private message. Your choice (as well as telephone) Regards Glenn

To: Tapcon who wrote (148)	10/6/1999 6:59:00 AM
From: Glenn McDougall	Read Replies (1) \| Respond to of 219

Mosaid stock jumps Semiconductor firm's shares hit new 52-week high By KEVIN BELL, Ottawa Sun A REVIVING semiconductor industry and renewed attention by analysts have lit a fire under the share price of Mosaid Technologies Inc. Mosaid shares have surged by 17% in the last seven trading days, pushing its share price up from $10.50 to $12.30 yesterday. The stock hit a new 52-week of $12.40 yesterday. One analyst, who spoke on the condition he is not named, said companies dependent on the semiconductor industry such as Mosaid are surging on expectations that there could be a memory shortage in the future. The growth of the semiconductor sector is expected to zoom from 30% this year to 60% by 2001, he said. "That is being reflected in the stock price," he said. "There has to be a feeling that the worst is behind it and it's all uphill from here. Since June it's been on a steady rise." Several analysts have recently begun coverage of Mosaid while others have raised their price targets, which is focusing more institutional attention on the firm's turnaround from a series of losses caused primarily by the Asian economic meltdown. Yorkton Securities began coverage recently with a "strong buy" rating and a target price of $20 in 12 to 18 months. Brian Piccioni of Nesbitt Burns recently raised his target price to $14 while Valentine Lee of HSBC Securities set a target price of $18 and rated it a "buy." One analyst said the share price is getting a boost from the company's new technology licensing program, which will boost revenues by $13 million this year. Up to four more companies may sign agreements that could add up to $18 million with little associated cost, he said. Mosaid has also been aggressively promoting itself and is scheduled to hit Boston and New York on an investor tour this week. "All of this has raised its profile and reminds people that if they aren't aware of these things, they should be," the analyst said.