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

To: Jazzss who wrote (1069)	4/20/1999 1:06:00 AM
From: Essam Hamza	Read Replies (2) \| Respond to of 3896

Bought into MCF today. Looking for continued support at these levels and a testing of the $2.80-$3.00 level soon then $4-5 from there. Looking forward to the next few weeks. :) Essam.

To: Jazzss who wrote (1069)	4/20/1999 6:45:00 AM
From: Robert Dirks	Respond to of 3896

From Stockhouse: Microforum [MCF:TSE]-- Weathering The Market Storm MCF continued to defy the forces of the down-trending markets today as it traded 2.2 million shares and closed up 3 cents at $2.45 after spending much of the session even higher. It seems unlikely that much of today's buying came from short-term traders given the general market sentiment towards Internet stocks the last few days. Therefore, we could be witnessing a rapid rollover of MCF's float at these higher prices. Obviously, protracted weakness in the Internet-stock sector would eventually hit everyone, but if we see the Nasdaq issues stabilize in the next few days, MCF could stage a major rally as it never reached the overblown values of Bid.com [BII:TSE] and others. Even reports today that there will be no early release of fourth-quarter results did not noticeably affect the stock, further proof that today's buying was from investors with a longer-term fundamental outlook.