The EMC 3 is an index of the 3 companies we believe will provide rewarding returns. This index was created on January 1 1999. In the first 5 days of 1999, the index has gone up by 34%, partly because of a series of news items and the billions flowing into RRSP this time of the year. Word on the street is Certicom is preparing to enlist on Nasdaq and if that happens, we can be looking at $70 per share instead of the measly $19.80 it closed on Friday, Jan 9. Based on growth potential I expect FMI to trade around $32 by year end and Cryptologic, based on its fundamentals, should be selling for $35. The $35 valuation excludes possibilities of NASDAQ listing before year end.
FMI has already announced its impending Nasdaq listing. All share prices are expressed in Canadian dollars.
The "EMC Canadian 3 Index" at Friday, Jan 8 1999 at 4pm
|
1 Jan 1999 portfolio - Canadian Picks |
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|
Company |
Ticker |
Exchange |
Paid |
Todays |
This Wk's |
This Wk |
Latest Info |
|
|
Change |
Change |
Chg % |
||||||
|
Cryptologic Inc |
CRY |
TSE |
12.30 |
(0.10) |
3.35 |
27% |
Basic Info |
|
|
Certicom Inc |
CIC |
TSE |
14.85 |
1.90 |
4.95 |
33% |
Basic Info |
|
|
Forbes Medi-Tech |
FMI |
TSE |
12.00 |
0.80 |
5.00 |
42% |
Basic Info |
|
|
39.15 |
2.60 |
13.30 |
34% |
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For the US index, all prices are in US dollars, even though Starnet is a Canadian company. These companies have been fully researched because of their OTC listing, other than that, it will not appear on this list.
The "EMC American 5 Index" at Friday, Jan 8 1999 at 4pm
|
1 Jan 1999 portfolio - US Picks |
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|
Company |
Ticker |
Exchange |
Paid |
Change |
Change |
Chang for |
Latest Info |
|
today |
for week |
Week % |
|||||
|
Custom Tracks |
CUST |
NASDAQ |
10.69 |
0.50 |
0.31 |
3% |
Basic Info |
|
Financialweb.com |
FWEB |
OTC:BB |
9.75 |
1.50 |
5.50 |
56% |
Basic Info |
|
Freerealtime.com |
FRTI |
OTC:BB |
5.75 |
(0.41) |
0.22 |
4% |
Basic Info |
|
iSleuth.com |
SLEU |
OTC:BB |
4.25 |
1.50 |
2.37 |
56% |
Basic Info |
|
Starnet Communications |
SNMM |
OTC:BB |
1.44 |
(0.03) |
1.00 |
70% |
Basic Info |
|
31.88 |
3.06 |
9.40 |
29% |
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