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

To: bocabear who wrote (3710)	8/16/2000 7:28:41 PM
From: Tom Drolet	Read Replies (1) \| Respond to of 4913

bocabear: I have my collective digits all crossed for that CIC revenue picture to finally unfold in the hockey stick mode--and crossed for a few other things as well--heck--I have run out of digits/toes/arms/legs etc. After the first revenue spikes--whenever they come--we will likely have to become used to the issue of the sustainability of the hockey stick--in the early years. We might have get used to some peaks and valleys in the rev curve as the wireless/mobile era settles in--but here's hoping for the chance to get used to it--hell we are ready for some variable success and failure--instead of the long slow climb mode ( ps--no complaints for that compared to some like IW that have no Revs at all worth mentioning). Tom D. p.s. I like Palm for the early rev hero. Later QCOM, MOT, HP, CPQ , AETH, 724 Solutions, BALT and bits from the other 90+ in the rev race with Partner CIC.

To: bocabear who wrote (3710)	8/18/2000 11:19:01 AM
From: Tom Drolet	Read Replies (2) \| Respond to of 4913

bocabear: Good interview yesterday with Richard Depew of CIC and Joe Vejvoda --analyst, now with TD securities. Joe is probably the most knowledgeable of a handful of Analysts that follow CIC. Certainly--he is usually the best to see trends. Richards comments re $60 M US still targetted at growth in Europe and Asia is interesting. It jives with what Rick Dalmazzi and Phil Deck said re aquisitions/associations/JV's/Partnerships--whatever--at the last AGM. Still waffling in CIC share price today--so much for my feel of a good day. Just FYI--Tom D. TECHNOLOGY Certicom Thu, Aug. 17, 2000 14:17 By Nicole Lampa, Canada-iNvest.com Keeping companies secure in the growing wireless data market is a difficult task. But Certicom (CIC), a developer of encrypted security software, seems to be having no problem in providing mobile and wireless companies with the proper tools to combat security issues. Certicom recently announced that it has signed new license agreements with four companies: Communicate Inc., Cygnaworx Corporation, Muse Communications, and Qiave Technologies. They are going to implement Certicom’s Security Builder encryption toolkit to build and ensure security for their own wireless technologies. “We tend to have a strategy of announcing some of the larger deals on their own. And some of the smaller deals, like these four, we announce together because they are material announcement together and we have to get them out,” explains Richard Depew, Certicom’s executive vice president. “But this is not an indication of a trend of announcing four deals a day going forward.” While these deals may be considered small, they are no less important to Certicom’s balance sheets. In the company’s last quarter, the signing of 27 new licenses accounted for 70% of Certicom’s revenue. “These deals make up the bulk of their revenue. And from our standpoint, we expect this to continue,” says Joseph Vejvoda, an analyst with TD Securities. “We expect somewhere in the neighborhood of twenty to thirty new licenses per quarter. And if the company is announcing four of them in one press release, that’s a pretty good number.” But even though Certicom has been successful in signing licenses, the company has not yet been profitable since it was formed in 1985. In the company’s fourth quarter, which was announced June 14, Certicom posted a net loss of US$6.8 million or 60 cents a share, compared to net loss of US$4.1 million or 37 cents a share from the same period last year. Certicom has delayed its expectations of being profitable in order to expand the company’s operations. During the fourth quarter, for example, Certicom increased its personnel by 20% and relocated the company’s headquarters to Silicon Valley. “We were originally on track to be profitable and we have eased off that a little bit to build up the organization,” explains Depew. “We were able to raise, in a bad NASDAQ Market, US$60 million. We have put that in the bank and we are going to use the proceeds to finance our growth principally in Europe and Asia and to get us on the map on a global basis.” In order to gain international recognition, Certicom started trading on the NASDAQ last May. However, the investment community considers Certicom’s stock volatile. “Investors who buy the into Certicom are buying momentum and big potential. But I do think that the barriers to entry are quite high,” says Vejvoda. “It’s a volatile stock, which is evident in the stock’s past. This is the type of stock that is one of the first to sell off on a downswing, and in an optimistic market, it’s one of the first ones to go up. Be prepared to trade is all I’m saying.” Certicom’s stock currently sits around $41.00.Vejvoda’s 12-month target price for Certicom is $75.00.