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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions -- Ignore unavailable to you. Want to Upgrade?

To: BM who wrote (65)	2/23/1998 1:55:00 PM
From: Ducks	Respond to of 843

Oh my gosh!!! I'm very sorry. I misinformed you. The IPO figures and rational for pricing were for a company called Intelligent Detection Systems not for Cognicase. I must have been asleep at the wheel when I responded to your message. There was no share price target mentioned in the article. I sincerely apologize for my mistake and for the confusion it caused.

To: BM who wrote (65)	2/24/1998 10:14:00 AM
From: Ducks	Read Replies (1) \| Respond to of 843

Well, it's me again....trying to save what little face I have left. Today, in the Globe and Mail, there is a very positive article in Report on Business about Cognicase and its longterm potential. Michael Deighton, an analyst with Groome Capital Advisory Inc. said he expects share profit to rise from 12 cents in the year ended Sept. 30 to 41 cents in fiscal '98 and to 75 cents in fiscal '99. He has a "strong buy" recommendation with an 18 month target of US $23.50. In the same article, Damian Rinaldi, an analyst with first Albany Corp. rates the company as a "buy"and particularly praised its strong technology and management.