Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chad Barrett who wrote (479)	1/20/1999 10:20:00 AM
From: Moneysmith	Respond to of 3896

News Release:...................... 2 07:19 T Microforum - Preliminary Pact -2: Terms Weren't Disclosed TORONTO (Dow Jones)--Microforum Inc. (T.MCF) said it has entered into a preliminary non-binding letter of intent to acquire Software Guaranty Inc., a Toronto E-commerce and Internet technology company. Terms of the proposed acquisition weren't disclosed. The company said the preliminary agreement is subject to adequate financing, completion of due diligence, definitive documentation, and receipt of regulatory and director approval. Microforum said it's not aware of any other reason to account for the recent increase in trading volume of its common shares. Microforum shares closed Tuesday on the Toronto Stock Exchange up 0.33 at 2.35 on volume of about 5.5 million shares. Microforum is an Internet-based marketing and communications solution provider. (END) DOW JONES NEWS 01-20-99