To: Sans Souci who wrote (707 ) 4/2/1999 7:50:00 AM From: Ron Schier Respond to of 848
>From Diversinet 1Q/99 results: "We are confident that recent deals will proceed to the next stage in the process, as several of our signed partnerships are in the product integration phase. Our recent progress with Research in Motion and Prasara Technologies confirms our belief that Diversinet is poised to capture a significant portion of market share in its' chosen niches ," said Nagy Moustafa, President and CEO. Source: www2.cdn-news.com Also RIM; Canada's TSE 300 Best and Worst Performers in 1st Qtr Toronto, April 1 (Bloomberg) -- BCE Emergis Inc. was the best performer on Canada's benchmark Toronto Stock Exchange 300 Index for 1999's first quarter, gaining 146 percent since the beginning of the year. Fracmaster Ltd., a Canadian oilfield- services company, was the index's worst performer, slipping 90 percent in the past three months. Shares of Montreal-based Emergis, which develops ways to transact business over computer networks, rose after the company was included in the TSE 300 and on profit growth optimism for the electronic commerce sector. ''In general, e-commerce has been quite an active sector, especially after Christmas, with projections of three-digit growth rates,'' said Jason Zandberg, an analyst at Pacific International Securities Inc. in Vancouver. Shares of Calgary-based Fracmaster plunged after a search for a buyer didn't turn up any bids, forcing the company to cut 250 jobs, or 25 percent of its workforce, and seek court protection from creditors. Best-Performers BCE Emergis Inc. +145.5% JDS Fitel Inc. +123.7% Rogers Communications Inc. +100.7% Pacalta Resources Ltd. + 96.6% QLT PhotoTherapeutics Inc. + 72.5% MetroNet Communications Corp. + 63.2% Clearnet Communications Inc. + 61.3% Research in Motion Ltd. + 53.7% TLC The Laser Center Inc. + 52.4% Rogers Cantel Mobile Communications Inc. + 46.2% Worst-Performers Fracmaster Ltd. - 90.2% Loewen Group Inc. - 78.4% Probe Exploration Inc. - 74.7% Greenstone Resources Ltd. - 69.3% Royal Oak Mines Inc. - 64.1% Yogen Fruz World-Wide Inc. - 55.1% Extendicare Inc. - 51.4% Boliden Ltd. - 48.3% ATS Automation Tooling Systems Inc. - 45.9% Queensway Financial Holdings Ltd. - 45.8%