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


To: brokker who wrote (558)4/15/1999 7:59:00 AM
From: sPD  Respond to of 1341
 
"BCE Emergis chief sees bright future"

Southam covered Edwards' presentation yesterday to the Montreal Board of Trade and the Electronic Commerce Institute.

Among the more interesting quotes:

- extremely high margin business .... when we decide we don't want to spend as much money on growth, it's very easy to make a lot of money

- over the years to come, companies like ours are going to generate 20, 30 even 40 per cent of earnings before taxes

- with BCE backing (and forthcoming cash infusion from the Ameritech deal), we have the opportunity to be the leader in the U.S. which would essentially make us the worldwide leader, and that's our ambition.






To: brokker who wrote (558)4/15/1999 8:00:00 AM
From: Ruby  Read Replies (1) | Respond to of 1341
 
The article was in the Montreal Gazette this morning. Expecting 100 million in revenue this year and over 1 billion in revenue in 5 years. As soon as the stop growing they are able to make a lot of money. They are aiming to be the North American leader in E commerce. I think they have the team and money to do that.