Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Datamirror (DMCX) (T.DMC) -- Ignore unavailable to you. Want to Upgrade?

To: Spiney who wrote (369)	2/18/2000 10:30:00 AM
From: Method	Read Replies (1) \| Respond to of 603

Stockformation Commentary By Barry Critchley Sprott analysts' top technology picks 02/18/99 For the past couple of years, the analysts at Sprott Securities have helped that company unearth some of the new stars of the Canadian technology sector. And in a number of cases Sprott has then financed those companies, a list that includes Cell-Loc CLQ.TO, Edispatch.com EWD.V, Janna Systems JAN.TO, MDSI Mobile Data Solutions MMD.TO and Wi-Lan WIN.TO. And the firm's analysts continue to like those stocks - plus some others,which have all experienced considerable appreciation over the past year: Cell-Loc and Edispatch for instance are up more than 15-fold. Barry Richards, one of the firm's hi-tech analysts said he continues to like the wireless sector and feels that some of the stocks in that sector should be buoyed by some good news that he expects to be released at the upcoming Cellular Telecommunications Industry Association meeting in New Orleans. 'I like wireless companies such as Research in Motion RIM.TO, Sierra Wireless SW.TO and Infowave IW.TO. "Wireless will be a huge market," he said arguing that despite the sharp jump in many of the companies in that sector, the real push will come next year. "We really won't see demand for wireless services until next year. They will do reasonably well this year but fantasticly next year when they announce loads and loads of new contracts and big revenue growth," he said. "In wireless, the growth rate is really the key," he said arguing that a sub-sector wireless software is a market that he "really likes. It's relatively new," he said when indicating that 724 Solutions - which went public recently - was worth a mere $50 last year - or 1% of its current market cap. Richards, who worked for Working Ventures - a labor sponsored venture capital firm - before moving to Sprott has one year targets on his favorite stocks: Cell-Loc ($45 compared with $34 currently); Edispatch ($16 versus $12); MDSI ($70 versus $64.) and Wi-Lan ($100). Richards believes that despite the gains, the market cap of those companies still pales in comparasion with some of the U.S. comparables. Richards is also starting to do some work on Look Communications LKC.V ( which provides wireless, internet, and cable TV services). While he is convinced that the company is doing "some good things," he isn't ready to put a target on the stock. Brandon Osten, one of the firm's technology/software analysts has three major picks that he characterizes as being of "high quality, high growth and low priced."Cryptologic CRY.TO, he now regards as a strong buy with a one-year target of $75 a share. That company, which recently signed a deal with a major Australian casino, develops proprietary internet applications which utilize real time cryptographic technology. Osten believes that the only real negative for the company is that the U.S. government may outlaw internet gaming. "It would be serious over the short term but over the long term we believe that the company would be in good shape,' he said. Janna Systems, JAN.TO . Osten has a one-year target of $32.50 on this company that designs, develops, markets and supports relationship management software. "It's in a really good space (the customer relationship management space) and the company is growing very quickly," said Osten, who said that two U.S. companies, Cebel and Vignette are in a similar space. DataMirror Corp, DMC.TO. Osten argues this company which provides transformational data replication software, will trade at $21 over the next year. "They are in a good space because they are helping companies move their data from their main businesses to their internet businesses and they are also helping them back that data," he said.