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

To: Syl98 who wrote (767)	5/20/1999 12:42:00 AM
From: rocki	Read Replies (3) \| Respond to of 1341

My take on the ASM today. In general presentation went well, only a couple questions at the end. Audience must be satisfied, market must approve, up a couple $$ today. Similar to Jan99 ASM, rearrange some views for a different perspective. There are lots of areas to persue growth-I mean lots. some comments: e-route is a done deal, still with the lawyers, lots of companies involved, will make announcement in a couple weeks- I think we herd that before. 80% of Canadian bills paid will pass thru Emergis, (not the 60% I estimated previously) Emergis does not sell software and only service their software and accounts. Growth is 60% annual, additional growth thru acquisitions. Acquisitions; will do in the US before year-end, but for the sake of making an acquisition, must FIT in with Emergis. Glad to hear that, hopfully it will be an immediate positive earnings to the bottom line. Emergis benifits from the BCE family; ie Nexxia the high speed broadband, is at the disposal of Emergis without incurring development costs! Great marketing tool. Business within the family, it will come. for example see todays deal, BCE mobile and CGI,750M$ deal. Emergis focussing on bus-bus more than consummer, (my impression). example is the Auction Software, same as EBAY and BID.com but used for bus applications, ie recent wood chip deal. Growth seen in many new industriesésectors. Show and tell was impressive, always indicated how easy the various software can be modified to suit new businesses. New verticle added- Health and Insurrance. They have had NO discussions for stock split. No indication of short term announcements, other than e-route. My impression is we are stagnant for a couple weeks until some activity takes place.