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

To: arisetech who wrote (627)	1/29/1999 4:46:00 PM
From: J. Plantinga	Read Replies (1) \| Respond to of 3896

To break the boredom...(Off Topic) Anybody following WSMI(OTC)? A real fledgeling Internet Auction site (for Collectables) in the works. 50%/50% JV with a U.S. Marketing firm. WSMI will host (at minimal cost to they according to news release) the site, sell some of their own stuff, and receive revenues on the side for bringing other Internet companies into the Internet Consortium. Break-out today (big volume) from a nice little Head-and-Shoulders bottom. Looks promising from here--at least technically. Just thought some of you MCF/Internet/Day-Trade-Opportunity types might find this one interesting. Cheers, JP

To: arisetech who wrote (627)	1/29/1999 4:57:00 PM
From: StockPro	Read Replies (1) \| Respond to of 3896

Microforum's 9mo results Microforum Inc MCF Shares issued 17,237,000 Jan 28 close $1.90 Fri 29 Jan 99 News Release Mr. Howard Pearl reports Microforum had revenues of $9,059,212, an increase of $7,812,719 for its third quarter ending Nov. 30, 1998, compared to revenues of $1,246,503 for the same period of the previous year. FINANCIAL HIGHIGHTS Three months ended Nov. 30 1998 1997 Revenue, from continuing operations $9,059,212 $1,246,503 Net loss $3,082,568 $195,696 Loss per share 18 cents 3 cents FINANCIAL HIGHLIGHTS Nine months ended Nov. 30 1998 1997 Revenue, from continuing operations $22,374,449 $3,910,910 Net loss $3,390,257 $3,786,083 Loss per share 20 cents 63 cents The 1998 results includes results of operations of the PPL Group acquired by the company in April 1998 The third quarter financials include non-recurring expenses of approximately $2.1-million, which includes costs associated with the acquisition of PPL Marketing Services Inc. and other restructuring expenses. Results for the company's fourth quarter are expected to reflect the positive impact of the company's acquisition of the PPL Group, restructured and focused operations and the favourable impact of the company's generation of $2.8-million in cash from the sale of Gamesmania and issuance of special warrants and common shares. During the quarter, Microforum announced the signing of new business with Rapp Collins Communicaide (RCC), a division of Omnicom Canada, Paw.Net and others. WARNING: The company relies on litigation protection for "forward-looking" statements.