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Gold/Mining/Energy : BCE Emergis - global e-commerce -- Ignore unavailable to you. Want to Upgrade?

To: Dani who wrote (29)	3/21/1998 12:41:00 AM
From: Bill Holton	Read Replies (1) \| Respond to of 1341

Does anyone have any thoughts about the volume of today's trading? Who bought? Was the recent runup insider knowledge that this buy was coming? Any news I have missed on this co.?

To: Dani who wrote (29)	3/21/1998 6:02:00 PM
From: sPD	Read Replies (1) \| Respond to of 1341

Dani, IFM was featured in today's Financial Post. In the Market Action section, Yorkton's Mark Pavan is said to believe that "the stock is most likely being fuelled by rumours that the firm is about to sign a significant distribution agreement". I find it very difficult to believe that this alone would account for a 60% rise in a month - unless the partner is Microsoft, IBM or some other incredible biggie. Certainly a Nasdaq listing is not too far off - IFM has now reached the capitalization that they had set for themselves to go for it. On the other hand, this company has to look very good to a major telecom, networking or system integrator. BCE would seem like a natural to me, but that's pure speculation on my part.