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Gold/Mining/Energy : B2B stocks in Canada -- Ignore unavailable to you. Want to Upgrade?


To: sPD who wrote (5)12/28/1999 1:03:00 AM
From: sPD  Respond to of 115
 
BELL CANADA CHOOSES BCE EMERGIS - Creates largest B2B e-commerce market
place in Canada

MONTREAL, Dec 21 /CNW/ - BCE today announced that Bell Canada, BCE
Emergis (TSE: IFM) and Ariba, Inc. (NASDAQ: ARBA), have signed a long-term
agreement in which BCE Emergis will provide Bell Canada and its subsidiaries
with a fully-managed business-to-business corporate exchange marketplace and
e-procurement solution.

Bell Canada, one of the largest buyers in Canada, will be the first
enterprise to benefit from the buying and selling solution offered by BCE
Emergis through its partnership with California-based Ariba. The agreement
provides a fully-managed Internet-based market place, with Ariba(R)
business-to-business e-commerce platforms, that will be initially used by
Bell Canada and all its suppliers across Canada.

``Bell Canada alone makes more than $4 billion in purchases annually and
that number increases considerably when you take into account the transactions
made by our various subsidiaries,' said Jean Monty, President and CEO of BCE
Inc. and Chairman and CEO of Bell Canada. ``This first agreement with Bell
Canada will enable BCE Emergis to position itself at the forefront of the
electronic marketplace and e-procurement business in Canada. Over time, Bell
Canada will connect up to 7,000 suppliers to its marketplace with potential
cost savings of 10 to 15 percent of the overall value of our purchases'.

``The buying power of Bell Canada should give the Bell Canada electronic
marketplace the critical mass and network effect needed to drive broad
adoption of B2B e-commerce throughout Canada with Bell Canada at the
epicenter,' said Keith Krach, President and CEO at Ariba. ``Because it is
managed by Canada's leading expert in e-commerce and powered by the industry's
only best-in-breed B2B e-commerce platform, participants in the Bell Canada
marketplace will benefit from the most interoperable, robust e-commerce
infrastructure available. We look forward to expanding these offerings with
BCE Emergis on a global scale.'


``Getting Bell Canada to participate is a great way to launch BCE Emergis
in the rapidly growing B2B marketplaces and e-procurement solutions market,'
said Brian Edwards, President and Chief Executive Officer, BCE Emergis.
``There is tremendous interest and activity in this area and we will enable
additional e-procurement solutions and marketplaces for many other large
corporations. BCE Emergis would expect that every major financial institution
in Canada will be establishing electronic marketplaces for small and medium
businesses and we believe that they will find this solution very attractive'.

Electronic marketplaces, also called net markets or corporate exchanges,
are sites on the public Internet that bring together groups of buyers and
suppliers to create larger, more efficient markets with greater buying power.
E-procurement is the adoption of Web-enabled processes which assist an
organization and its employees in the procurement of goods and services. BCE
Emergis will provide buyers and suppliers throughout North America with a
fully-managed business-to-business corporate exchange marketplace and
e-procurement solution powered by Ariba. The BCE Emergis solution can be fully
integrated into ERP/CRM systems of buyers and sellers.


Bell Canada provides a full range of communications services to
customers, including wired and wireless local and long distance telephone
services, Internet access, high-speed data services and directories. Bell
Canada, its telecom partners and subsidiaries provide services through
13.6 million access lines, including 11 million in Ontario and Qu‚bec. Bell
Canada also serves more than 2.3 million wireless customers through Bell
Mobility. Bell Canada is 80% owned by BCE Inc. of Montr‚al and 20% owned by
SBC Communications Inc. of San Antonio, Texas. Bell Canada's Internet Web
site is located at bell.ca. News releases, speeches and background
information are in the Newsroom. Our e-mail address is forum@bell.ca.

Ariba, Inc. is a leading provider of business-to-business eCommerce
services and solutions. The company delivers an open, end-to-end,
best-of-breed platform of interoperable solutions to manage corporate
purchasing on the Internet, build net markets, and provide suppliers with
buyer access and integration. Together, Ariba's software and services leverage
the Internet-based Ariba Network to integrate the internal and external
commerce processes of buyers, suppliers, net markets and commerce service
providers. The result is a global eCommerce infrastructure that provides cost
saving and revenue opportunities for businesses of all sizes. Ariba can be
contacted in the U.S. at 1 (650) 930-6200 or at www.ariba.com.

BCE Emergis delivers network-centric e-commerce business solutions that
improve customer processes through the exchange of secure transactions.
Combining e-commerce services, network infrastructure, security services, and
payment solutions through industry vertical applications, BCE Emergis offers a
full suite of core technologies that are the essential building blocks for
electronic commerce. BCE Emergis, is among the top electronic commerce
providers in North America and is listed on the TSE 300 Composite Index. For
more information, please refer to www.emergis.com.

For further information: Anne Belliveau, BCE Emergis, General Manager,
Public Affairs & Communications, (514) 868-2232, abelliveau@emergis.com;
Jean-Charles Robillard, BCE/Bell Canada, Associate Director, Corporate
Communications, (514) 786-3908, Jeancharles.robillard@bell.ca; Katy Rogers,
Ariba, Blanc & Otus PR for Ariba, (415) 912-2330, Krogers@blancandotus.com



To: sPD who wrote (5)12/28/1999 1:20:00 AM
From: The Barracuda™  Read Replies (2) | Respond to of 115
 
IMO most of the Canadian techies are (today) better than the their US cousins. Price. The Canadian stock buyer not as "understanding" as an US techie.

If the Russian market can rise 400% this yr
The Turkish markets, the Brazilian, Indonesia, all other countries stock markets can rise in the 00% per year,

The Canadian stock markets are a nuclear explosion waiting for a trigger. No, make that a matter-anti matter explosion.

The recently soaring Canadian dollar is setting the stage for an explosion in Canadian equity prices.

Canada has the brains, but only I know it. Buy!!!!



To: sPD who wrote (5)12/28/1999 9:18:00 AM
From: mappingworld  Read Replies (1) | Respond to of 115
 
Thanks a bunch for your information, sPD. Olga



To: sPD who wrote (5)12/29/1999 8:52:00 AM
From: sPD  Read Replies (2) | Respond to of 115
 
BCE Emergis in Financial Post's Hot Stock profile today

Page URL: nationalpost.com

Wednesday, December 29, 1999

BCE Emergis should cash in on deal with sister firms

Stock targets raised: Analysts applaud firm's ability to extend its reach

Thomas Hirschmann - Financial Post

BCE Emergis Inc.'s (IFM/TSE) stock has surged 450% this year, and a pair of contract announcements has bolstered analyst confidence that the run is going to continue right into the new year.

Parent BCE Inc. said last week that BCE Emergis, Bell Canada and Ariba Inc. had signed a five-year agreement under which BCE Emergis will provide Bell Canada and its subsidiaries with a business-to-business corporate exchange marketplace and e-procurement solution.

The deal is the first electronic procurement deal for BCE Emergis since it partnered with Ariba in October.

"Bell Canada alone makes more than $4-billion in purchases annually and that number increases considerably when you take into account the transactions made by our various subsidiaries," said Jean Monty, president and chief executive of BCE Inc., which also owns Bell Canada.

"This first agreement with Bell Canada will enable BCE Emergis to position itself at the forefront of the electronic marketplace and e-procurement business in Canada."

Ralph Garcea, an analyst at Scotia Capital Markets, agreed with that statement, turning out a report applauding the Bell Canada deal.

Walking through the numbers, Mr. Garcea says that with Bell Canada expecting 7,000 suppliers to be connected to the business-to-business marketplace by the end of the fifth year of the contract, it could represent annual cost savings of 10% to 15% on purchases for Bell Canada.

With an estimated savings per transaction of $100, a 15% cost savings implies a volume of six million transactions annually. Mr. Garcea assumes an average fee of $2.50 per transaction, and, taking it to its logical conclusion, expects that the contract could mean $15-million in annual revenue for BCE Emergis from Bell Canada alone.

Mr. Garcea says that the Bell Canada contract provides leverage for BCE into the electronic procurement realm where companies are commanding high sales multiples.

As of last Wednesday, red-hot U.S. e-procurement company Commerce One Inc. (CMRC/NASDAQ), which has seen its stock rise 1,476% since its initial public offering on July 1, was trading at 189 times next fiscal year's earnings before its three-for-one stock split on Monday. That figure will have risen significantly with Commerce One's stock being driven up 234% since the split.

PurchasePro.com Inc. (PPRO/ NASDAQ) was trading at 157.7 times forward sales as of last Wednesday.

In comparison, BCE Emergis is trading at 16.6 times next year's sales estimates. The shares closed on Friday at $76.55.

There is also the likelihood, according to Mr. Garcea, that the suppliers using the Bell Canada e-procurement solution may be inclined to turn to BCE Emergis if they plan to set up a similar process for purchasing supplies.

Mr. Garcea went on to speculate that given the relationship between parent BCE and SBC/ Ameritech, a similar contract could be possible with the U.S. company. And with SBC's operating expenses five times higher than BCE's, a contract could represent annual revenue of $75-million to BCE Emergis.

Mr. Garcea upped his price target to $80 a share from $72 with a "strong buy" rating after the Bell announcement.

He had raised the stock to a "strong buy" less than two weeks ago, and at that time had lifted his one-year target to $72 a share from $53, when the company signed a two-year renewable contract with Swisscargo, the cargo division of SAirGroup.

Rajiv Das, an analyst at CIBC World Markets Inc., wrote in a report that the Swisscargo deal strengthens BCE Emergis' position in the air cargo business and gives it more leverage to work with major carriers in all modes of transport.

Swisscargo generates about 3.5 million transactions a year, and BCE Emergis will be paid from 30½ to $1.20 a piece. That could mean as much as $2.4-million a year in revenue for the company, and although it's a small contract, it demonstrates BCE Emergis' ability to extend its reach deeper into the transportation industry, says Mr. Das. He expects the company to pursue similar agreements with other carriers.

Mr. Das says a key to revenue growth for BCE Emergis is to increase its trading communities and drive up transaction volumes.

And even though the shares of BCE Emergis have more than quadrupled this year, Mr. Das sees a lot more upside.

He recently raised his target price to $100 from $60, calling for an additional 66% upside.

Mr. Das expects the company to earn 5½ a share in cash earnings in fiscal 1999 and 57½ in fiscal 2000.

As for basic earnings per share, the company is expected to beak even this year, earn 43½ a share in fiscal 2000 and 83½ in 2001, according to a survey conducted by First Call Corp.

BCE EMERGIS INC.:

CEO: Brian Edwards
Ticker: IFM
Listed: Toronto Stock Exchange
Head office: 1155 Rene-Levesque Blvd. W, Suite 2250, Montreal, Quebec, H3B 4T3
Telephone: (514) 868-2200

www.emergis.com