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


To: Guru who wrote (292)2/2/1999 5:52:00 PM
From: Edward W. Richmond  Respond to of 1341
 
Guru, I bought way back at the $3.75 IPO and watched it drop. It seemed like a dog but I didn't sell until I took a little profit at $14.50. A good dose of dumb luck that I didn't dump it at $2.50.
I see this as a quality, long-term holding and I intend to ignore the market and, unless some disaster arises, ignore the short-term price action.
Regards, Ed



To: Guru who wrote (292)2/2/1999 8:08:00 PM
From: rocki  Read Replies (2) | Respond to of 1341
 
>>why is this stock on fire the way it is!
good question, don't know where to start; there are so many things going on. TSE300/200, financials seem to show they are on the profit track, lots of avenues to grow, i believe they want to tie up the Cdn e-com market first in-line with BCE national agenda, BCE seems to take care of the family ie big contracts to CGI, or 4Billion to jump start Natco etc. I dont say to expect contracts but they can divert business there way-of course they just injected 50M a couple weeks ago. Acquisitions (US-probable) are in discussions. NASDAQ listing later. What other Cdn e-com Co is there, that is so advanced with proven products.?? Still Global listen to the tape mentioned on earlier post-BE does mention some of them. I think this week action is brokers are just waking up to what this Co has to offer. Everyone wants it now.look at the volume -and increasing. IMHO
They are just starting! predicting double revenue 150M for this year.