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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: LABMAN who wrote (452)	1/20/1999 6:28:00 AM
From: Link Lady	Read Replies (1) \| Respond to of 3896

Old news. sedar.com FORM 27 MATERIAL CHANGE REPORT Subsection 75(2) of the Securities Act (Ontario) Subsection 118(1) of the Securities Act (Alberta) Subsection 67(1) of the Securities Act (British Columbia) Subsection 73 of the Securities Act (Quebec) Subsection 84(1) of the Securities Act (Saskatchewan) Subsection 76(1) of the Securities Act (Newfoundland) 1. Reporting Issuer Microforum Inc., 1 Woodborough Avenue, Toronto, Ontario M6M 5A1 2. Date of Material Change January 5, 1999 3. Press Release A press release was issued in Toronto, Ontario on January 6, 1999 and disseminated through the facilities of Canada NewsWire Ltd. A copy of such press release is attached hereto. 4. Summary of Material Change On January 6, 1999, the Company announced that it has sold the assets associated with its Gamesmania electronic Internet magazine including certain Internet services contracts associated therewith to CryptoLogic Inc., a Toronto Stock Exchange listed Internet software development company. The purchase price of the transaction was US$270,000 with US$245,000 payable at closing and the balance of US$25,000 payable three months following the closing date. 5. Full Description of Material Change On January 6, 1999, the Company announced that it has sold the assets associated with its Gamesmania electronic Internet magazine including certain Internet services contracts associated therewith to CryptoLogic Inc., a Toronto Stock Exchange listed Internet software development company. The sale was made by Internet Frontier Inc., a wholly owned subsidiary of Microforum Inc. and the registrant of the Internet domain name

To: LABMAN who wrote (452)	1/20/1999 7:53:00 AM
From: donkeyman	Read Replies (2) \| Respond to of 3896

LABMAN, Your report on Microforum share price target reported yesterday from Canaccord Capital's analyst 12-month price target on MCF is Cdn$3.00/share. That's not even a rise of 1.5 cents a week by the end of 1999.?????? BIG DEAL!! Who does Canaccord think is going to get excited over that? Are they trying to drive everybody out? On CNBC a little while ago an analyst put a 12-month target on a NASDAQ stock that was about US$20.00/sh. ---AT-- US$70.00 to US$100.00/share.-- (+US$80.00/sh. that's {Cdn$120.00/sh..})!!Now that stock was worth looking forward to.!!!

To: LABMAN who wrote (452)	1/20/1999 11:18:00 AM
From: donkeyman	Read Replies (3) \| Respond to of 3896

LABMAN: When you reported MCF at $3.00/share as a 12-month target by Canaccord (Post # 452), you didn't say what the $3.00/share was based on. I've since seen post #415, the original. Canaccord based the $3.00/share on Microforum's (MCF) SALES.!!!!!. They used the old fashioned system of rating an Internet play like MCF. Don't Americans rate Internet stocks looking into the future.???? In other words, if some of those NASDAQ stocks had to be rated on their sales, rather than the future, they might be a $10 stock instead of $100 if you know what I mean.!!! When the Americans find out about MCF it should be rated a lot higher, What do you think??. I heard the other day, Canadians don't know yet how to put a target price on Internet stocks. ???