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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: kendall harmon who wrote (89330)	3/21/2000 8:25:00 AM
From: puborectalis	Respond to of 120523

HOTHOTHOT.....Wi-Lan Stock Surges 18 Percent on Bullish Report TORONTO (Reuters) - Shares of Canadian tech start-up Wi-Lan Inc. (Toronto:WIN.TO - news) surged more than 18 percent on Monday on a bullish analyst's report. They were also helped higher in a delayed reaction to Microsoft Corp.'s (NasdaqNM:MSFT - news) endorsement of the type of high-speed wireless standard being developed by the company. Wi-Lan holds patents on W-OFDM (wideband orthogonal frequency division) high-speed wireless transmission. Its shares closed up C$13.05 at C$85.00 on the Toronto Stock Exchange on Monday. On Friday, CIBC World Markets initiated research coverage on Wi-Lan with a bullish 12-month target price of C$200 a share. CIBC's Todd Coupland said in the report that he expects Wi-Lan to increase revenue to C$21 million in 2000 and $80 million in 2001, up from $5.9 million of product sales in 1999. The report followed on news last Tuesday that Microsoft had endorsed the creation of an OFDM standard after a meeting of officials from Wi-Lan, Nokia Corp., L.M. Ericsson Telephone Co. Inc., Philips Electronics NV, Sony Corp. and a host of other technology companies led to an agreement to create an OFDM forum to support that standard.

To: kendall harmon who wrote (89330)	3/21/2000 9:29:00 AM
From: Doug Robinson	Read Replies (1) \| Respond to of 120523

Interesting article from today's WSJ - Operator of Stock-Trade Site Agrees to Repay Subscribers Associated Press WASHINGTON -- A man who operated a Web site dispensing stock-trading tips has agreed to repay subscribers $40,107 plus interest and pay a $15,000 fine to settle federal regulators' allegations he committed fraud by posting false and misleading statements. David A. Rudnick, operator of the DynamicDaytrader site, neither admitted nor denied the allegations in his settlement Monday with the Securities and Exchange Commission, in which he also agreed to refrain from future violations of securities laws. Mr. Rudnick, 37 years old, of Cumberland, Maine, falsely claimed that his site's stock recommendations had brought high returns, including a return exceeding 747% last year, the SEC said in its civil complaint. The agency alleged that Mr. Rudnick lured people to trade stocks by falsely stating they could use a real-time Internet window called "the Trading Floor" to watch the actual trades of a successful day trader. The stock trades shown were only hypothetical, the SEC said. "I'm glad the matter has been resolved," Mr. Rudnick said. "I've been cooperating with the SEC for several months." He declined further comment. Mr. Rudnick said he now will operate the site as a free investment newsletter online with no subscribers or membership fees and obtain revenue from ads.