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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?

To: Martin Goldenberg who wrote (1737)	10/16/1998 7:08:00 PM
From: John Chatterton	Read Replies (1) \| Respond to of 2018

Hummingbird Communications Ltd. Dow Jones Newswires -- October 16, 1998 Analyst Says Hummingbird Rise Could Be On Acquisition Rumor By Lori McLeod TORONTO (Dow Jones)--Hummingbird Communications Ltd.'s (HUMCF) share price increase Friday may be the result of speculation the company is planning to announce an acquisition, Paul Bradley, an analyst with Canaccord Capital Corp., told Dow Jones. In Toronto, Hummingbird shares are up 1.60, or 5.3%, to 32.00 on 87,000 shares. Last year, Hummingbird announced its purchase of Andyne Computing Ltd., a Kingston, Ont. business intelligence software maker, close to the release of its fourth-quarter results, Bradley said. Hummingbird is scheduled to announce its fourth-quarter results on Oct. 20, and Bradley said people may be expecting news of another acquisition at that time. He didn't elaborate. Bradley said he's expecting Hummingbird to meet the First Call mean estimate for its fourth quarter of 56 U.S. cents a diluted share, although he said the results "could come in a little higher." Last year, Hummingbird reported fourth-quarter earnings of 65 U.S. cents a diluted share. Bradley also said he expects Hummingbird to report earnings of about 58 U.S. cents a diluted share in the first quarter of fiscal 1999, and US$2.40 a share for all of fiscal 1999. Bradley said he has a 12-month price target of C$55.00 for Hummingbird. Recent announcements about new products in Hummingbird's business intelligence area may be adding to people's positive feelings about the company, Bradley added. Bradley said the company has "squeezed every drop of growth" out of its traditional connectivity software business, and that he's looking at Hummingbird's business intelligence unit as its new growth engine. -By Lori McLeod; 416-943-7800

To: Martin Goldenberg who wrote (1737)	10/16/1998 7:14:00 PM
From: John Chatterton	Respond to of 2018

Canada Hot Stocks: T.CIC HUMCF LGS.A Certicom Corp. Company had no specific explanation 11.00, Up 1.50 for the share price increase, but Up 15.8% (TSE) said investors may have seen its low 276,520 Shares price as a buying opportunity. (T.CIC) - - Hummingbird Commun Analyst said the company's shares 32.25, Up 1.85 may be up on an acquisition rumor, Up 6.1% (TSE) and that he expects Hummingbird to 100,663 Shares meet First Call mean estimate for 4Q (HUMCF) of 56c a diluted share. - - LGS Group A Said it's in a C$38M partnership 11.05, Up 0.30 agreement to develop and manage Up 2.8% (MSE) Quebec's Register of Personal and 19,690 Shares Moveable Real Rights. (LGS.A) More about Hummingbird Communication