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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?

To: Shaw who wrote (601)	5/18/1999 10:43:00 AM
From: Buckey	Respond to of 776

I think SBX may be showing the first sign of life - The bid at .40 is now 60k and the 41 bid is growing to 28k at midland took out the 15k offered at .42. Not enough to mortgage the house on but a good suture to stop the bleeding. Lets hope the stitches hold EDIT and a .44 hit - chart is turning

To: Shaw who wrote (601)	5/18/1999 10:43:00 AM
From: Syncrude	Read Replies (1) \| Respond to of 776

Dean, For the record, SBX/CDPlus is NOT an Internet stock. It is a limited e-commerce stock. Not the same at all. While Internet stock develop and sell high technology solutions to companies, e-commerce companies simply add a distribution channel. In Canada for example, e-commerce has yet to make significant inroads. Distribution via the Internet will mean even lower margins as the barriers to entry are low. CDPlus announced earnings of only $1mm with a market cap of over $115,000,000. I doubt that earnings can grow to support such a huge multiple. Unless CDPlus can generate much more volume and/or new product lines, the going will be tough. Yahoo! is a franchise stock and is accorded huge multiples because their potential is huge. SBX/CDPlus is in a market that is very limited and will perhaps start to decline in the not too distant future. There is NO comparison between the two. You can't compare an Internet stock with a plain e-commerce stock.