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Gold/Mining/Energy : Jetform-FORM -- Ignore unavailable to you. Want to Upgrade?

To: CareyM who wrote (422)	6/23/1999 6:46:00 AM
From: Glenn McDougall	Respond to of 530

JetForm shares take off By KEVIN BELL, Business Editor, Ottawa Sun JetForm Corp. shares jumped by almost 7% yesterday amid speculation financial results today will not be as dismal as expected. JetForm shares gained 45cents to close at $7.25 on the Toronto Stock Exchange. Since last Thursday, the stock price has soared by 10% as investors anticipate the company may be poised for a return to glory. "There is absolutely a lot of speculation going on," said Brandon Osten, an analyst for Sprott Securities. "The question is how far will it rebound." Analysts do not have high expectations today. Consensus estimates reported by First Call Corp. call for a loss of 24cents a share in the fourth quarter compared to a profit of 26cents a share in the same quarter last year. Osten expects a loss of 21cents a share on revenue of $27.5 million. He said all eyes will be on revenues as a gauge of whether the firm has turned the corner. A significant sales surge could continue recent stock market gains, he said.