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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Big who wrote (31604)	11/22/1999 3:54:00 PM
From: westpacific	Read Replies (1) \| Respond to of 108040

RAMP - big block buying coming in. Watch this one from here!

To: Mr. Big who wrote (31604)	11/22/1999 4:17:00 PM
From: puborectalis	Respond to of 108040

SW(Toronto)...Tuesday November 16, 8:27 pm Eastern Time Sierra Wireless sizzles on high-profile deal By Susan Taylor OTTAWA, Nov 16 (Reuters) - Sierra Wireless Inc. shares have soared 121 percent in the past week since the Canadian wireless data equipment vendor struck a high-profile deal with a company controlled by Microsoft Corp. (NasdaqNM:MSFT - news) co-founder Paul Allen. Shares in the Richmond, B.C.-based firm, which peaked at a 52-week high of C$41.95 on the Toronto Stock Exchange on Tuesday, closed the session at C$36.95, a gain of C$1.95. The stock ended trade Nov. 9 at just C$16.75. Sierra (Toronto:SW.TO - news) makes wireless modems that allow hand-held devices and notebook computers to connect to networks such as the Internet. The slim modems, the size of a few credit cards stacked together, transfer data over cellular phone networks. The company also has a line of rugged vehicle-mounted modems used to track vehicle fleets, such as police cars and ambulances, and allow communication with drivers. The modems are also used in rugged laptop and computer notebooks. The recent swell in share value is tied largely to a Nov. 10 deal Sierra struck with Los Gatos, Ca.-based Metricom Inc. (NasdaqNM:MCOM - news), a mobile data network firm which is 49 percent owned by Allen and 38 percent by MCI WorldCom Inc. (NasdaqNM:WCOM - news) Under a license agreement worth $30 million, Sierra will supply 128-kilobit-per-second modems to Metricom. ``That's basically put it on the radar screen,' said Howard Sutton, fund manager at Tera Capital Corp. in Toronto. ``It has very, very strong technology and a technology capability in the wireless sector -- which we all know is a very, very rapidly growing segment of the communications space.' Sierra's wager on wireless has paid off handsomely. The company's revenue grew to C$26.4 million last year from C$340,921 in 1994. The company, which had 64 staff last year, has expanded to 94 employees today. Founded in 1993, Sierra was originally financed and is now 23 percent owned by Vancouver, B.C.-based semiconductor systems company PMC-Sierra Inc. (NasdaqNM:PMCS - news). Sierra is now eyeing a U.S. exchange listing, but wants to first gain exposure on the Toronto exchange. ``Let's learn to walk before we learn to run,' said Chief Financial Officer Peter Roberts. ``It is a no-brainer that we will end up on Nasdaq.' The company also plans to expand into the European market, but has not yet determined if it will strike a merger, acquisition or relationship with a firm there. ``It's on our horizon,' said Roberts. ``We've got the challenges of growth.' Ambitious Sierra has struck an alliance with Qualcomm Inc. (NasdaqNM:QCOM - news) a San Diego, Ca.-based cellular network firm, to help push into the consumer market. As low-cost portable devices become more popular and an increasing range of wireless services evolves, the market sector Sierra is targeting is expected to see 43-47 percent annual growth up to 2002. ``There's going to be a lot of money sunk into this area by the big boys,' said Sutton. ``The challenge is no different than any other fast-growing young company -- it's to maintain a strong technology, strong design profile, strong partnerships and relationships.' Analysts are bullish on the business. Scotia Capital Markets analyst Michael Urlocker has a ``buy' on the stock, joined by Ray Sharma of Credit Suisse First Boston, who initiated coverage in September with a buy. The firm, which made its market debut May 17, had a lukewarm response from investors to shares priced at C$14.50. Clearly, that has changed as the Metricom deal puts Sierra on the radar screen of U.S. investors. ``The 1.9 million shares traded in the past four days is equivalent to twice the entire volume in the entire month of October,' said Sutton. ($1=$1.46 Canadian) I think they are planning to go on the NASDAQ next year,like RIMM did this year.

To: Mr. Big who wrote (31604)	11/22/1999 4:19:00 PM
From: puborectalis	Respond to of 108040

SW(Toronto)...Tuesday November 16, 8:27 pm Eastern Time Sierra Wireless sizzles on high-profile deal By Susan Taylor OTTAWA, Nov 16 (Reuters) - Sierra Wireless Inc. shares have soared 121 percent in the past week since the Canadian wireless data equipment vendor struck a high-profile deal with a company controlled by Microsoft Corp. (NasdaqNM:MSFT - news) co-founder Paul Allen. Shares in the Richmond, B.C.-based firm, which peaked at a 52-week high of C$41.95 on the Toronto Stock Exchange on Tuesday, closed the session at C$36.95, a gain of C$1.95. The stock ended trade Nov. 9 at just C$16.75. Sierra (Toronto:SW.TO - news) makes wireless modems that allow hand-held devices and notebook computers to connect to networks such as the Internet. The slim modems, the size of a few credit cards stacked together, transfer data over cellular phone networks. The company also has a line of rugged vehicle-mounted modems used to track vehicle fleets, such as police cars and ambulances, and allow communication with drivers. The modems are also used in rugged laptop and computer notebooks. The recent swell in share value is tied largely to a Nov. 10 deal Sierra struck with Los Gatos, Ca.-based Metricom Inc. (NasdaqNM:MCOM - news), a mobile data network firm which is 49 percent owned by Allen and 38 percent by MCI WorldCom Inc. (NasdaqNM:WCOM - news) Under a license agreement worth $30 million, Sierra will supply 128-kilobit-per-second modems to Metricom. ``That's basically put it on the radar screen,' said Howard Sutton, fund manager at Tera Capital Corp. in Toronto. ``It has very, very strong technology and a technology capability in the wireless sector -- which we all know is a very, very rapidly growing segment of the communications space.' Sierra's wager on wireless has paid off handsomely. The company's revenue grew to C$26.4 million last year from C$340,921 in 1994. The company, which had 64 staff last year, has expanded to 94 employees today. Founded in 1993, Sierra was originally financed and is now 23 percent owned by Vancouver, B.C.-based semiconductor systems company PMC-Sierra Inc. (NasdaqNM:PMCS - news). Sierra is now eyeing a U.S. exchange listing, but wants to first gain exposure on the Toronto exchange. ``Let's learn to walk before we learn to run,' said Chief Financial Officer Peter Roberts. ``It is a no-brainer that we will end up on Nasdaq.' The company also plans to expand into the European market, but has not yet determined if it will strike a merger, acquisition or relationship with a firm there. ``It's on our horizon,' said Roberts. ``We've got the challenges of growth.' Ambitious Sierra has struck an alliance with Qualcomm Inc. (NasdaqNM:QCOM - news) a San Diego, Ca.-based cellular network firm, to help push into the consumer market. As low-cost portable devices become more popular and an increasing range of wireless services evolves, the market sector Sierra is targeting is expected to see 43-47 percent annual growth up to 2002. ``There's going to be a lot of money sunk into this area by the big boys,' said Sutton. ``The challenge is no different than any other fast-growing young company -- it's to maintain a strong technology, strong design profile, strong partnerships and relationships.' Analysts are bullish on the business. Scotia Capital Markets analyst Michael Urlocker has a ``buy' on the stock, joined by Ray Sharma of Credit Suisse First Boston, who initiated coverage in September with a buy. The firm, which made its market debut May 17, had a lukewarm response from investors to shares priced at C$14.50. Clearly, that has changed as the Metricom deal puts Sierra on the radar screen of U.S. investors. ``The 1.9 million shares traded in the past four days is equivalent to twice the entire volume in the entire month of October,' said Sutton. ($1=$1.46 Canadian) To: Ron Schier who wrote (80) From: Ron Schier Wednesday, Nov 17 1999 12:34PM ET Reply # of 84 CEO Sutcliffe, first call 25 cents fiscal year 1999 .. on target earnings growth will lag top-line growth ( fast growth/ R&D ) Co-listing Nasdaq possible .. but not right now .. just listed TSE .. (IPO) rest on stock price & growing like RIM etc.

To: Mr. Big who wrote (31604)	11/22/1999 4:26:00 PM
From: puborectalis	Respond to of 108040

SW(Toronto)...Tuesday November 16, 8:27 pm Eastern Time Sierra Wireless sizzles on high-profile deal By Susan Taylor OTTAWA, Nov 16 (Reuters) - Sierra Wireless Inc. shares have soared 121 percent in the past week since the Canadian wireless data equipment vendor struck a high-profile deal with a company controlled by Microsoft Corp. (NasdaqNM:MSFT - news) co-founder Paul Allen. Shares in the Richmond, B.C.-based firm, which peaked at a 52-week high of C$41.95 on the Toronto Stock Exchange on Tuesday, closed the session at C$36.95, a gain of C$1.95. The stock ended trade Nov. 9 at just C$16.75. Sierra (Toronto:SW.TO - news) makes wireless modems that allow hand-held devices and notebook computers to connect to networks such as the Internet. The slim modems, the size of a few credit cards stacked together, transfer data over cellular phone networks. The company also has a line of rugged vehicle-mounted modems used to track vehicle fleets, such as police cars and ambulances, and allow communication with drivers. The modems are also used in rugged laptop and computer notebooks. The recent swell in share value is tied largely to a Nov. 10 deal Sierra struck with Los Gatos, Ca.-based Metricom Inc. (NasdaqNM:MCOM - news), a mobile data network firm which is 49 percent owned by Allen and 38 percent by MCI WorldCom Inc. (NasdaqNM:WCOM - news) Under a license agreement worth $30 million, Sierra will supply 128-kilobit-per-second modems to Metricom. ``That's basically put it on the radar screen,' said Howard Sutton, fund manager at Tera Capital Corp. in Toronto. ``It has very, very strong technology and a technology capability in the wireless sector -- which we all know is a very, very rapidly growing segment of the communications space.' Sierra's wager on wireless has paid off handsomely. The company's revenue grew to C$26.4 million last year from C$340,921 in 1994. The company, which had 64 staff last year, has expanded to 94 employees today. Founded in 1993, Sierra was originally financed and is now 23 percent owned by Vancouver, B.C.-based semiconductor systems company PMC-Sierra Inc. (NasdaqNM:PMCS - news). Sierra is now eyeing a U.S. exchange listing, but wants to first gain exposure on the Toronto exchange. ``Let's learn to walk before we learn to run,' said Chief Financial Officer Peter Roberts. ``It is a no-brainer that we will end up on Nasdaq.' The company also plans to expand into the European market, but has not yet determined if it will strike a merger, acquisition or relationship with a firm there. ``It's on our horizon,' said Roberts. ``We've got the challenges of growth.' Ambitious Sierra has struck an alliance with Qualcomm Inc. (NasdaqNM:QCOM - news) a San Diego, Ca.-based cellular network firm, to help push into the consumer market. As low-cost portable devices become more popular and an increasing range of wireless services evolves, the market sector Sierra is targeting is expected to see 43-47 percent annual growth up to 2002. ``There's going to be a lot of money sunk into this area by the big boys,' said Sutton. ``The challenge is no different than any other fast-growing young company -- it's to maintain a strong technology, strong design profile, strong partnerships and relationships.' Analysts are bullish on the business. Scotia Capital Markets analyst Michael Urlocker has a ``buy' on the stock, joined by Ray Sharma of Credit Suisse First Boston, who initiated coverage in September with a buy. The firm, which made its market debut May 17, had a lukewarm response from investors to shares priced at C$14.50. Clearly, that has changed as the Metricom deal puts Sierra on the radar screen of U.S. investors. ``The 1.9 million shares traded in the past four days is equivalent to twice the entire volume in the entire month of October,' said Sutton. ($1=$1.46 Canadian) biz.yahoo.com