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

To: Montana Wildhack who wrote (2629)	1/2/2000 1:02:00 PM
From: Hawkeye	Read Replies (2) \| Respond to of 4913

Can anyone comment as to whether CIC might be their target? Sunday January 2, 6:05 am Eastern Time Baltimore Tech eyes major acquisition DUBLIN, Jan 2 (Reuters) - Irish Internet security firm Baltimore Technologies Plc (NasdaqNM:BALT - news) is considering making a major acquisition, Ireland's Sunday Business Post newspaper reported. Asked whether Baltimore had any particular candidates on the horizon, Chief Executive Fran Rooney said in an interview the company had nothing specific planned but that a takeover could happen ''in the first six months of next year.'' ''We have a market capitalisation of $3 billion now so we can afford to be quite aggressive on our mergers and acquisitions. I could see us being in a position where we could look at a very high-value acquisition,'' Rooney was quoted as saying. Rooney said Nasdaq- and London-listed Baltimore would be looking in the longer term at an acquisition a quarter or half the size of the Irish company. In the shorter term, Baltimore would look at smaller buys, he was quoted as saying. Asked about that strategy, Rooney said the United States was an important market but that Baltimore would also look at the Asia-Pacific region and Japan, focusing on wireless, broadband technologies and media. Rooney said he expected the company to expand its presence in the United States, with the workforce there growing to around 200 people within 18 months from 50 at present. Rooney said he expected revenues from 1999 to exceed the $30 million posted in 1998. He noted that the market expected Baltimore to turn a profit towards the end of 2001. Baltimore listed on Nasdaq in October, raising funds for acquisitions. The company was formed in January 1999 from the merger of UK-based Zergo Holdings with U.S.-based Baltimore. It opted to retain the Baltimore name because it was already known in the United States.

To: Montana Wildhack who wrote (2629)	1/2/2000 2:00:00 PM
From: Tom Drolet	Respond to of 4913

Wolf: Another off topic read. This guy called the bottom in the 70's right on. January 3, 2000 Barron's Features Sell Signal? A seer who called the bottom now sees a top BY DANIEL TUROV She was 21-beautiful, intelligent, charming -- and she said, "Yes," to my marriage proposal. I was as ecstatic as humanly possible. She was 42. She had been my wife for 21 years. I loved her dearly, and I was burying her after a two-year bout with cancer. I was as despondent as humanly possible. Understanding that human emotions have maximum limitations is the key to understanding the stock market. When fear-based misery reaches that level, selling stops and bear markets end. When greed-based ecstasy reaches its maximum, bull markets top out. So, can one measure these emotional excesses and use them to time the market? Yes. I recognized that a quarter-century ago, when I penned an article that Barron's, under the headline "Buy Signal" published on December 9, 1974, the very day the Dow Industrials hit their bear market bottom of 575. My thesis was that a valuable day-trading tool (the Short Term Trading Index, or TRIN, which takes into account stock-price advances and declines and trading volume) could provide a longer-term measure of one type of emotional excess, and that it was saying that the market's years of misery had exhausted the investing public's bearish sentiment. A bull market probably was about to dawn. Since then, far more sophisticated indicators have been developed, by me and by others, which measure human emotional excesses and their probable effects on the market. These emotion-based indicators, when used in conjunction with one another, have been helpful predictors of short-term market trends. At the most extreme levels of ecstasy and despondency, people unwittingly give up control of their money. When this happens, the market moves violently in the direction of the extant trend and then reverses direction dramatically -- precisely what's evident now. In 1929, traders leveraged themselves to the hilt. When investors' ebullience wavered, involuntary massive liquidations, via margin calls, doomed the market. The key point is that the sellers had no choice; they were forced to sell. They'd given up control of their money. In 1987, institutional investors, who had bought far more than was prudent, complacently thought that programmed stops would provide a safety net -- without ever considering that the door was too small for everyone to exit at once. Again, the sellers had no choice; they were forced to sell because they had given up decision making control to pre-programmed orders. In 1929, the emotional climax's final mania began about four months before the crash; in 1987, about two months before. In 1999, the final mania appears to have begun about November 1. So what will be the catalyst this time for the reversal? Most likely, monetary tightening will be one element. Whatever the cause, it's important to repeat that bull markets that reach a maniacal range (such as we're close to) end with forced selling. So how will this forced selling be manifested this time? The Baby Boomers' mantra of investing for the long term has caused them to buy stocks and fund shares regularly month after month, regardless of what the market does. If they start feeling overextended the next time the market pulls back -- and my research shows they will their caution could force fund managers to involuntarily liquidate stocks. With mutual-fund cash levels near record lows, this could trigger a type of programmed selling that would start slowly but ultimately would turn into a cascade. In fact, the market could top as early as this month. Depending on the precise nature of the first leg of the selloff, we could see a pretty good reflex rally in 2000's second half. But by next year, the selling will likely get rather nasty. DANIEL TUROV, a San Diego -- based money manager, can be reached at investmentadvice@aol.com <mailto:investmentadvice@aol.com>1 URL for this Article: interactive.wsj.com