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MDSI shares plummet after company warns of shortfall

Article Abstract:

On July 6th 2000 the software firm MDSI Mobile Data Solutions Inc. issued a profit and revenue shortfall warning for its second quarter. The news chopped close to $112-million off the company's market worth when its share price on the Toronto Stock Exchange took a $13.60 plunge.

Author: Surtees, Lawrence
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Prepackaged software, Computer Software, Software Publishers, Securities prices, Statistical Data Included, Computer software industry, Software industry, Software, MDSI Mobile Data Solutions Inc.

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Old religion favours New Economy

Article Abstract:

The Church of England has reported that its investments in 1999, which included high-tech stocks, produced a successful year. The church, which reported a $1.6 billion rise in the value of its assets, had an annual 22.7% rate of return.

Author: Surtees, Lawrence
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Religious organizations, High technology, Church of England

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Wireless firms lagging: DBRS

Article Abstract:

A study by Dominion Bond Rating Service Ltd. finds that Canada's wireless telephone industry needs to increase its customer population by double of what it currently is in order to reach profitability.

Author: Surtees, Lawrence
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Radiotelephone communications, Cellular and Other Wireless Telecommunications, Mobile Radio Services, Investment advice, Investment Advisory Services, Financial services industry, Financial services, Telecommunications services industry, Telecommunications industry, Reports, Wireless communications services, Investment advisers, Dominion Bond Rating Service Ltd.

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Subjects list: Canada, Finance
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