By emckoba

Snr. Investment Analyst

Sunday, January 9, 2000

 

Week ending Friday, Jan 7, 2000 :- A lot of investing opportunities

came up in the past week, but we will restrict ourselves to two

examples only:-

Lucent Technologies

Rocca Resources

Lucent (LU/NASDAQ) stock fell (31%) from $US72+ to $US50 on

Jan 6, after a profit warning. LU announced that earnings will

come between 36 & 39 cents per share, far below the 54-cent

average estimate of analysts surveyed by First Call.

There was a stampede (50 cents to 280 cents) for a piece of the

action of a privacy software developed by a 15-year old Chicago

boy, which was acquired by Rocca Resources (RRL/CDNX). The

software allows a surfer to visit Web sites without leaving any

identifying characteristics in the digital information packets

that are exchanged between a user and the Web site. Such

characteristics are frequently used by marketing organizations

and others to track or identify an Internet user. This software

will compete with Freedom 1.0 developed by Zero-Knowledge

Systems of Montreal.

We believe Rocca is a cheaper way of playing Zero-Knowledge

and this will be borne out once Zero-Knowledge goes public in

the near future.

Our own portfolios performed (to Jan 7/2000) as follows:-

2000 RRSP/401K portfolio - Down by 0.0048%

US Technology portfolio - Up by 2.71%

June 1/1999 portfolio - Up by 85%

Jan 1/1999 portfolio - Up by 76%

Jan 1/1998 portfolio - Up by 454%