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Gold/Mining/Energy : SureFire Commerce Inc. (T.MTP) -- Ignore unavailable to you. Want to Upgrade?

To: Snake who wrote (414)	9/29/1999 5:12:00 PM
From: Chris K.	Read Replies (1) \| Respond to of 669

That's a really good question Snake. I am one of those investors though that avoids giving and making stock predictions. The reason is pure and simple: we live in a world of demand and supply. Investors speculate on the future value of acquisitions and assets (purest example is YAHOO, AMAZON, EBAY --- just to mention a few). Now that the initial excitement is mostly passed, I went back and re-read the release. These are the key points that stood out: 1) First letter of intent - "...to acquire BCE Emergis' online transaction processing business that services major Sports and Entertainment companies" - "...division currently processes approximately one hundred and seventy-five thousand (175,000) transactions per month...expected to generate over twelve million dollars ($12,000,000) in annualized revenue." 2) Second letter of intent - "This company offers development and implementation of front-end online financial services solutions for financial institutions....which will provide Micro Tempus with access to BCE Emergis' e-commerce services such as merchant-enabling solutions, catalogue development and transaction processing." - "...based on our current run rate, we expect to process transactions this year representing a retail value in excess of two hundred million dollars ($200,000,000). ---> my note (we know that online transactions increased exponentially every year so this number will definitely increase and reach the billion dollar mark soon enough) * The release goes on to tell us that the company is debt-free and that we have seven million in cash ($7,000,000). * It also mentions that Rory Olson will become the new President and CEO (this guy is the founder of Montreal's first ISP company -- he created the company from scratch, made it VERY successful and sold it for a huge profit --- basically, this guy knows his stuff!). I am really satisfied with that move! * Of course, MTP will "remain committed to its existing product lines, clients and service obligations and continues to pursue licensing and partnership agreements for its products. * And finally as a counterpart, MTP will issue 30,300,000 shares in consideration of the transaction. I don't know how to calculate the value of all this but I do know that the value of MTP's shareholders has dramatically increased with these two new acquisitions and that the stock value should appreciate accordingly. My broker was telling me that many big clients were buying MTP at 1.80 last week!!!! Comments anyone ? Regards, Chris K.