To: Old Man who wrote (34991 ) 4/20/1999 10:19:00 AM From: puborectalis Respond to of 120523
ROWE Recommendation from top Canadian analyst.........Tuesday April 20, 9:10 am Eastern Time Company Press Release SOURCE: StockHouse Media Corporation A Leading Canadian Internet Analyst Reveals Favorite Stocks: eBay, Amazon.com, Dell, Toronto-Dominion Bank, Nokia, Microforum, Rowe.com; Questions Bid.Com, American Gem and Research in Motion; Says Internet Valuations to Grow Another 1300% Over Next 10 Years SARASOTA, Fla., April 20 /PRNewswire/ -- In Tuesday's featured StockHouse interview, one of Canada's Leading Internet Analysts, Adam Adamou, counted two of the usual Internet favorites, Amazon.com (Nasdaq: AMZN - news) and eBay (Nasdaq: EBAY - news), among his favorite basket of Internet stocks, but surprisingly added three others, which aren't normal Internet picks, and named three relatively unknown Internet companies in his hopper of favorite Internet picks. Adam Adamou, bullish on Dell Computer (Nasdaq: DELL - news), ''I think Dell is one of the best Internet companies out there that nobody treats as an Internet company. They sell $14 million bucks a day on the Internet. If Dell were to sell out their Internet division, it would probably end up being worth more than Dell. And then the Internet division could come back and buy Dell and get a higher market cap.'' Adamou, a Taurus Capital Markets Partner (of the Investment Banking Division) explained that the Net.B@nk phenomenon should impact the share price of Toronto-Dominion Bank (NYSE: TD - news; Toronto: TD - news), saying, ''It's a good stock to own pre-Waterhouse (Securities) IPO. I think the banking component of TD is undervalued.'' Adamou named Microforum (Toronto: MCF - news) as his favorite among Canadian- based Internet companies, saying, ''It's probably one of the most compelling ideas I have heard in a very long time. It's starting to happen. They've got a lot of different things on the go. They're making the right decisions. They're slowly, methodically building a real business in terms of Canadian Internet companies.'' Microforum is reportedly considering a Nasdaq listing and recently hired a U.S. based legal firm, specializing in securities listings for that purpose. Adamou also likes Rowe.com (Nasdaq: ROWE - news), which was initially Canadian-based, but moved to the U.S, and Wi Lan (Amex: WIN - news) which may become a contender in the wireless Internet field. He also favors Nokia (NYSE: NOK.A - news) as a contender for the wireless Internet sector. Three Canadian Internet, or Internet-related, stocks that Adamou questions include Research in Motion (Nasdaq: RIMM - news; Toronto: RIM - news), American Gem (Toronto: GEM - news), and Bid.Com (Toronto: BII - news), but he does not rule them out because he believes the Internet valuations show growth by another 13 times over the next ten years. To view the entire interview online, visit www.stockhouse.com