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


To: sPD who wrote (34)3/22/1998 12:11:00 AM
From: Factfinder  Read Replies (2) | Respond to of 1341
 
Interesting article in the Saturday financial Post. Yorkton has put a strong sell on IFm with a one year target of 4.50. This would value the company at 1 times 1999 sales. what a laugh. I am holding on to my shares. There is a pretty small float on this stock. It may not be possible to pick it up again. I believe and this is only my opinion , that IFM will capture the majority of the worldwide banking e commerce business with having already established a beachhead in several areas of the world. Add to this the online property valuation and mortgage business. Watch what happens when they get the Nasdaq listing! Look at their customer list. These are not the types of customers to switch vendors overnight and with multiple parties utilizing an industry standard product. The business will grow more likely than shrink. I think Yorkton would like to load up for its clients. The block that crossed had to be sold to a mutual fund who is probably looking for more.

Good luck to all Investors