Rand may gain from Parametric woes

Article Abstract:

Rand A Technology Corp.,a Mississauga, Ontario-based computer engineering software distributor, is likely to benefit from Parametric Technology Corp.'s inability to meet expectations on its third-quarter earnings. Rand Chief Executive Officer Brian Semkiw said Waltham, MA-based Parametric could keep its profit margins by engaging resellers and distributors to have more active participation in the company's business, thereby, servicing the market at lower cost. Parametric has to re-configure its business model and aggressively engage resellers. Rand generates half of its revenue by reselling products and services for Parametric, the leading manufacturer of computer-engineering software in the world.

Comment:

Is likely to have more bsns brought by Parametric Technology Corp's inability to meet expectations on its third-quarter earnings

Computer Software Wholesale, Computer and Computer Peripheral Equipment and Software Wholesalers, Software distributors, Rand Worldwide

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High-tech camera firm getting back in spotlight

Article Abstract:

Wescam Inc., a Ontario, Canada-based high-tech camera company, is getting back in the spotlight after posting a record loss of C$9.7 million in 1997 and seeing its stock price to a low of C$2.40 in August 1997, from the C$6 range. The company's revival is being led by its latest product, Wescam Model 20, which has attracted the attention of some of the big players in the US military-industrial complex. Wescam was awarded a C$23-million contract by the US Coast Guard to outfit some of its maritime patrol aircraft with the Model 20. Lockheed Martin Corp. of Bethesda, MD, signed a contract with Wescam to provide Model 20 for attack helicopters used by the US Marines.

Comment:

Is getting back in the spotlight after posting a record loss of C$9.7 mil in 1997 and seeing its stock price dives

Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, TV Cameras, Television cameras, Wescam Inc.

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Hwy. 407 drives growth across Metro's swarth

Article Abstract:

Toronto, Ontario, and surrounding cities have experienced economic gains as a result of the many buildings being erected along Highway 407.

Bridge, Tunnel, Tpke Auth, Other Support Activities for Road Transportation, Inspection & fixed facilities, Services, Transportation industry, Buildings and facilities, Transportation authorities, Toronto, Ontario, Toll roads

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