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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE -- Ignore unavailable to you. Want to Upgrade?

To: Stew who wrote (4543)	11/27/2000 10:05:13 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 4605

Alternative Fuel Systems ReceiveS U.S. Patents For Natural Gas Fuel Management System And Engine Exhaust Aftertreatment CALGARY, Nov. 27 /CNW/ - Alternative Fuel Systems Inc. (CDNX: ATF) ("AFS") announced today that the company has been awarded two more patents in the United States for its innovative products. The latest patents were issued for the Sparrow electronic fuel management system and for its Reverse Flow Catalytic Converter ("RFC"). The AFS Sparrow system enables gasoline or diesel base engines to operate powerfully and efficiently using 100% natural gas and is already in fleet use around the world. The RFC is part of a joint project between AFS and Matros Technologies to develop an exhaust aftertreatment product to combat the unique problem of diesel engine exhaust. The RFC is designed to reduce harmful emissions by up to 80% including NOx, PM, and Hydrocarbons. The original version of the RFC is currently undergoing fleet and durability testing. Present U.S. regulations require new aftertreatment systems to have a minimum 100,000 mile capability without degradation. Development of a second version of the RFC, with advanced features, is also underway. In recent engine tests, the Sparrow demonstrated increased power and torque and reduced emissions in combination with the new Sparrow ignition system. Power and torque increased more than 10% over the complete base diesel engine operating spectrum. Emission tests indicate the Sparrow's ability to meet EURO III emission levels, which is a significant achievement over most commercially available natural gas fuel management and ignition systems. Alternative Fuel Systems Inc. is an environmental technology company providing innovative solutions to the global engine exhaust emissions problem. AFS has developed and commercialized electronic engine management technologies that enable diesel and gasoline engines to operate using natural gas, and is at the forefront of research into exhaust aftertreatment technology. AFS is headquartered in Calgary, Canada and trades on the CDNX as ATF. The Canadian Venture Exchange Inc. has neither approved nor disapproved of the contents of this news release. Visit our website at: www.afsglobal.com -0- 11/27/2000 For further information: Monica McLeod, Director, Investor Relations, Phone: (403) 262-1833, Fax: (403) 237-7441, Email: investor@afsglobal.com To request a free copy of this organization's annual report, please go to www.newswire.ca and click on reports@cnw.

To: Stew who wrote (4543)	11/27/2000 10:12:47 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 4605

This is a month or so old, FWIW it might partly explain that last pop to $2.50 at the start of this month. ragingbull.altavista.com By: vri2000 $ Reply To: 421 by stressreleaseme $$$ Tuesday, 31 Oct 2000 at 9:20 PM EST Post # of 424 Top Picks: C.I 's Steven Misener Picks Five Stocks that Hit the Sweet Spot October 12, 2000 By Timothy Grier Contributing Writer Toronto, ONT, October 12 /SHfn -- Steven Misener shops for stocks in what he calls the sweet spot; the stage in a good company's growth when significant numbers of investors begin to take notice. The manager of the $360-million C.I. Signature Explorer mutual fund for C.I. Funds in Toronto tries to take his positions ahead of the crowds. His small- to mid-cap fund posted a 34% return for the 12 months ending August 31. Misener says his shopping range, between $250 million to $2 billion, offers some deeply discounted Canadian companies. "We like where we're shopping." Misener has picked five stocks for Stockhouse.ca he thinks could bring gains of at least 60 % in the next year. He often watches for trends coming out of the U.S. and looks for less well-known Canadian companies positioned to take advantage of the trend. He shops mostly senior exchanges, such as the TSE, but he will look at junior markets if he's convinced the company will move to a senior exchange within 12 months. One pick in that category is: ALTERNATIVE FUEL SYSTEMS, [V.ATF] The success of such alternative energy stocks as Ballard Power Systems [T.BLD] has brokerages in Canada and the U.S. paying new attention to this emerging area of the market. Misener thinks they'll soon notice ATF. The Calgary, Alberta, company is developing products incorporating natural gas into diesel and gasoline engines, and already has some products on the market. ATF had $5-million in revenues in the last 18 months and Misener expects to see $10-million next year. He says the market caps for similar companies range from $500-million into the billions, compared to ATF's $60-million. "We think this one is simply just below people's radar screens and will be discovered by broader market players once it gets listed on the TSE," he says. Though Misener thinks ATF's sales of current products justify a higher stock price, he is keeping an eye on the timing and success of the company's newer technologies. Misener looks for "P2P" - an achievable 'path to profitability' - before he'll buy companies that aren't already making money, especially in the areas of technology and biotechnology: INTERNATIONAL MEDICAL INNOVATIONS [T.IMI] Toronto-based IMI is in the field of predictive medicine, trying to come up with better and faster tests for illnesses such as cardiovascular disease and cancer. Clinical results for a new colorectal cancer test are coming in better than expected, Misener says, and he is confident the new product will win approval. He expects the company to break even in 2001, and earn 6 cents a share in 2002. "I like to buy biotechs right at the cusp - where within a 12-month period they begin to shift from negative cash flows to break even and positive cash flows." Delays in this highly regulated sector could trip up IMI's stock performance in the short term, and Misener is also watching to see if IMI needs to raise more capital, which could saturate near-term buying interest. In the wireless sector, Misener likes: MOBILE COMPUTING CORPORATION [T.MBL] Financial trouble hurt the Mississauga, Ontario, based wireless software and applications developer last year. But Misener believes those troubles are over. "We think this company will either get recognized by the market or it will get taken out by a competitor." MBL is trading at just three times next year's forecast revenues, compared to other companies in the sector trading at up to 30 times 2001 revenues. Misener thinks MBL's problem is simply that nobody is paying attention to it. While MBL's fundamentals are sound, Misener says the company's stock may suffer if venture capital investors get impatient and start to sell big blocks. Another stock Misener says is below the radar screens is: ENVOY COMMUNICATIONS [T.ECG] Misener thinks this company, which helps corporations boost their advertising and marketing online as well as within traditional channels, is poised to start drawing the attention of institutions in the United States. The company was listed on the NASDAQ in June, and has made some U.S. acquisitions that could attract American investors. "All you need is one or two of the major U.S. brokerage firms to pick up coverage and we could see a substantial upwards revaluation of the share price," he says. If ambitious predictions about the growth of online business in general fail to materialize and companies reduce their online marketing efforts, Envoy's stock might not perform as well as Misener hopes. As well, continued choppiness in the stock market could hurt ECG's chances of getting noticed. Finally, Misener offers a pick in the oil patch: PRUDENTIAL STEEL [T.PTS] Though not strictly a Canadian company, since its merger with Maverick Tube [MVK] in the U.S. last month, Misener picks Prudential as one ready to cash in on increased oil exploration activity in 2001. Prudential makes well casings, and with a record number of wells expected to be drilled next year, Misener foresees excitement for Prudential over the next four quarters.