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


To: sPD who wrote (226)12/21/1998 7:34:00 PM
From: rocki  Read Replies (1) | Respond to of 1341
 
Yes I agree why make announcement on a discarded name.

It seems the more you learn the more questions come to mind
-prior announcement had no mention to Edwards, just mentioned that Tobin resigned where does Edwards fit in BCE Emergis
-It seems this brings Mpact closer to BCE or further away from CGI
not too sure how this all fits-part of bell Emergis owned by CGI but being drawn closer to BCE who owns 40% of CGI. I know BCE stated they want Mpact closer integrated with BCE activities.

You say they started talking to Oppenheimer a couple months ago, need a strong brokerage to make the offering. Who did the CGI deal?

You say 1999 will be a good year! Edwards says he expects to be a billion $ company by 2002. That sounds like 3-4 years of exceptional growth . He is predicting 150 million revenue for 1999, I know that doesn't necessarily mean double the share price, but...

IMHO $25. for jan2000 doesn't sound too far fetched (probably low)
for all the activity coming up.



To: sPD who wrote (226)12/21/1998 7:44:00 PM
From: rocki  Respond to of 1341
 
MPACT becomes BCE EMERGIS announcement: 20dec98-ISDN

Wire: ISDN DateStamp: 981221 13:22:30 Corporation: MPACT IMMEDIA
Stock Symbol: IFM Dateline: MONTREAL, QUEBEC Headline: MPACT IMMEDIA BECOMES BCE EMERGIS Text:
MPACT Immedia Corporation announced today it will recommend to
its shareholders, at the January 21, 1999 annual meeting, that
MPACT Immedia Corporation change its name to BCE Emergis Inc. On
August 31, 1998 MPACT Immedia acquired the assets of Bell
Emergis'' EBS division in return for cash and shares making Bell
Canada the controlling shareholder with 65 per cent of the
outstanding shares of MPACT Immedia. The stock symbol for the
company (TSE/ME:IFM) will not change.

"BCE Emergis represents an important element in our broad
strategy of investing in companies with high-growth potential,"
said Jean Monty, President and CEO of BCE Inc. and Chairman and
CEO of Bell Canada. "Our 65 per cent ownership in this company
will allow us to leverage our e-commerce capabilities throughout
the BCE family of companies. BCE Emergis is currently working
with both Tele-Direct and our new broadband/IP company to bring
advanced e-commerce applications to our customers."

"Because of the creative way the logo has been designed, this new
corporate name will allow us to benefit from Bell''s brand
notoriety in Canada as well as from the power and excellent
reputation of the BCE name on the international scene," said
Brian Edwards, President and Chief Executive Officer, Bell
Emergis/MPACT Immedia.

BCE Emergis/MPACT Immedia, a subsidiary of Bell Canada, delivers
network-centric business solutions that improve and, in fact,
become an integral part of customer processes. Its e-commerce
solutions enable organizations to better compete in the global
marketplace. Following its recently concluded merger with the
Electronic Business Solutions (EBS) unit of Bell Emergis, the
combined entity is one of the top tier electronic commerce
providers in the world. For more information, please refer to
www.mpactimmedia.com or www.bell.ca/netcommerce.

Bell Canada, the largest Canadian telecommunications operating
company, markets a full range of state-of-the-art products and
services to more than seven million business and residence
customers in Ontario and Quebec. Bell Canada''s Internet Web site
is located at: bell.ca

For more information:

Anne Belliveau
General Manager, Corporate Communications
Bell Emergis/MPACT Immedia
(514) 397-8535
Email: abelliveau@emergis.com

Jean-Charles Robillard
Associate Director, Communications
BCE Inc. and Bell Canada
(514) 786-3908
Email: jeancharles.robillard@bell.ca



To: sPD who wrote (226)12/21/1998 7:54:00 PM
From: rocki  Respond to of 1341
 
Which fund took a stake? 2.8 million shares traded, up $1.30 today.

fooled me again, thought it would be quiet until 1st week of jan. What was catching my interest is I noticed a 600k,400k and 200k blocks traded last week, a little more than the avg daily shares of approx 100k or less. With the BCE tag in the name could attract some buying interest.