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Gold/Mining/Energy : iMagicTV -- Ignore unavailable to you. Want to Upgrade?

To: Wallof Confusion who wrote (4)	3/22/2001 8:51:12 AM
From: Francois Lavoie	Respond to of 7

ImagicTV is now trading at less than its cash value. 1.69$ < 2.20$ (source:Yahoo) I wonder what will be the cash burn rate for the next year, because right now, I see a good value. The numbers come in after the close at 4:30. Still no position on the stock. Cheers, Francois

To: Wallof Confusion who wrote (4)	8/3/2001 9:52:12 AM
From: Francois Lavoie	Respond to of 7

Bought at 1,20$ can. At 0,80$ US, they are worth less than half their cash value. Their burn rate should be less than 1$ this year. Cash = 2,29$ now. Oh, and finally, the CEO makes a statement about how his company is miserably valued... Cheers, Francois Tuesday July 31, 7:02 am Eastern Time Press Release SOURCE: iMagicTV Marcel LeBrun, President and CEO of iMagicTV, to Address Investors at Annual General Meeting SAINT JOHN, NB, July 31 /PRNewswire/ - Marcel LeBrun, president and CEO of iMagicTV (Nasdaq:IMTV and TSE:IMT), a provider of software products that allow telephone companies and other service providers to deliver multi-channel television and interactive media services, will address shareholders at the Company's Annual General Meeting (AGM) today in Saint John, New Brunswick. The meeting is taking place at 10 am in the Loyalist Room of the Saint John Trade and Convention Centre. ``Although the telecommunications industry is currently experiencing a slowdown, fiscal year 2001 was marked by exciting advancements and development for iMagicTV. We saw commercial deployments of our service provided to approximately 12,000 end subscribers. In September and October of last year, we completed private placements of our securities. In November, we completed an initial public offering and listed our shares on the Nasdaq National Market and the Toronto Stock Exchange. In total, we raised net proceeds of approximately US$70 million. I want to assure our investors that iMagicTV continues to be in a sound financial position with US$56 million, as of our last fiscal quarter. We are and will continue to take all prudent measures to manage our resources to be in tandem with the development of this market. We also recognize that the value the markets are currently placing on our Company are below our cash holdings. Our strategy is to focus our efforts and resources on those telecommunications companies most likely to proceed to commercial launch, strengthen our products and services, continue to learn from our customer deployments and pace our R&D and operational activities to stay ahead of the competition. iMagicTV intends to be well positioned, prepared, and strong as markets develop. I am confident we will maintain our position as a leader in the broadband television industry,`` said Mr. LeBrun.