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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet -- Ignore unavailable to you. Want to Upgrade?

To: bruiser who wrote (1542)	5/28/2000 10:32:00 AM
From: Chisy	Respond to of 1848

From thestreet.com Another Tech-Stock Trek to the North Country By John Rubino Special to TheStreet.com 2/18/00 11:51 AM ET Talk about a humbling week. After digging through the blizzard of responses to my Feb. 4 column, I now know that: About a hundred Canadian tech stocks have gone from 15 Canadian cents to C$15 in the past year, and I didn't own (or even know about) a single one. So let's find the next batch. But first, a couple of reader insights: On Canada's sudden emergence as Silicon Valley North, David Gomes notes that "In a far-flung country with a dispersed yet interdependent population, comprehensive connective infrastructures spanning great distances have been a prerequisite to Canadian survival. With one of the world's most literate, wired and multicultural populations, the emergence of a global networked environment as the next paradigm is a boon to Canada . . . This can also be a damn cold country, which means we have a long love affair with the telephone -- and now, all of its offspring." Chris Green points out that currency risk cuts both ways: "With the recovery in the commodity markets and the Asian economies, not to mention a lack of wage pressures up here, there are only extra gains to be made by holding Canadian equities in Canadian dollars. [In other words], by buying a Canadian equity you will also be going long on the Canadian dollar, and that's a very good thing." And here are five more good sites for researching Canadian stocks: www.canstock.com www.globalinvestor.com www.stockwatch.com www.stockhouse.com www.fin-info.com Now on to some possible winners, starting with the recipient of, by far, the most reader recommendations, Waverider Communications (WAVC:Nasdaq - news - boards). This wireless Internet access company is expanding aggressively into Latin America, where it has contracts worth nearly C$30 million. It's run by former managers at Dell Canada, who are used to ramping up an operation quickly, and who are on record promising "announcements throughout the year on major contracts with major carriers. We're negotiating them right now."