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Gold/Mining/Energy : Certicom Corporation (TSE:CIC, NASD:CERT) -- Ignore unavailable to you. Want to Upgrade?

To: J.W. who wrote (2305)	11/16/1999 2:16:00 PM
From: mavenwatch	Read Replies (1) \| Respond to of 4913

Dow Jones on today's action: Dow Jones Newswires -- November 16, 1999 Dow Jones Newswires Certicom Gets Boost From Hot Sector, Expected US Listing By STUART WEINBERG TORONTO -- Certicom Corp.'s (T.CIC) share price is getting a boost from a sizzling wireless technology sector, as well as an anticipated Nasdaq listing, an analyst said. In Toronto trading Tuesday, the stock is up 4.45, or 16%, to 32.70 on about 174,300 shares. "I think it's just more preamble to Comdex," the world's largest computer trade show, Josef Vejvoda, analyst at National Bank Financial, said. Vejvoda added that Certicom's highly anticipated listing on Nasdaq may also be moving the stock. "If you look at (Certicom's) partners who trade on Nasdaq, they are all trading with much healthier multiples," he said, adding that many of those companies, such as Aether Systems Inc. (AETH), use Certicom's encryption technology. Aether is trading at 69 1/2 on Nasdaq Tuesday, up 2 3/8. Philip Deck, chairman and chief executive of Certicom, declined to say when the company would list on Nasdaq. "I think it would be difficult to do a listing before the end of the year," he said. Deck attributed Tuesday's rise in Certicom's share price to momentum. "There's been a lot of exciting things going on at the company," he said. "I don't think it's anything more than that." He added that the stock may be benefiting from the surge in Research In Motion Ltd.'s (RIMM) share price, which jumped 14% to 69.50 in Toronto trading Monday. Research In Motion is a Certicom customer, and rose Monday on news that it may be about to complete a long-awaited distribution and product branding agreement with Dell Computer Corp. (DELL). Research In Motion is up 3.65 to 73.15 in Toronto trading Tuesday. -Stuart Weinberg, Dow Jones Newswires; 416-306-2032