Gold/Mining/Energy | MGI Software (MGI on the TSE)


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To: Luc N. who wrote (318)12/17/1998 3:03:00 PM
From: Steve Stinson   of 553
 
I agree. Hardware is the place to be. The bricks and mortar of the information highway are where the money will be. The field is narrowing for the top tier producers and there should be plenty of speculative opportunities for new entrants in emerging markets. Of course the big guys will eventually buy out most of them.

Competition in telecom services will be brutal. At the same time, everyone must continually invest massive amounts in their networks. Software is becoming more and more problematic, with only a few players such as Microsoft consistently making money. It is increasingly difficult to find promising companies.

As to the internet, the valuations are crazy. At the moment, it is a little bit like investing in high school basketball players. For sure, another Michael Jordan will come along, but it is crazy to bid such amounts for Amazon and Yahoo, in the expectation that they will be the next star. They have yet to make any serious money, and they have thousands of competitors nipping at their heels to take their place. While branding will be increasingly important, I am highly doubtful that they will be able to take it to the next stage, which the market is already discounting, where they make obscene amounts of money.

Steve

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To: Steve Stinson who wrote (319)12/24/1998 10:24:00 AM
From: Luc N.   of 553
 
Steve, getting some more serious action here!

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To: Luc N. who wrote (320)12/28/1998 12:54:00 PM
From: Steve Stinson   of 553
 
That certainly was a nice Christmas present. On no news, it moved up nicely on a fair amount of volume throughout the day. It seems someone has confidence in the company's outlook.

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To: Luc N. who wrote (320)1/1/1999 5:08:00 PM
From: Steve Stinson   of 553
 
Luc, I noticed that you have been involved in a fair amount of discussion about MGI on the DSLGF board on Yahoo. Since you seem to be unable to open an MGI thread there, is they any way you can steer the discussion this way?

Bonne année.

Steve

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To: Steve Stinson who wrote (322)1/1/1999 8:42:00 PM
From: Luc N.   of 553
 
Steve it seems people don't like Silicon Investor for some reasons. Some people have complained about the difficulties in becoming a member etc....

I'll keep trying...

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To: Steve Stinson who wrote (322)1/1/1999 8:46:00 PM
From: Luc N.   of 553
 
How do you explain the activity of the past 2 months? Do you think that their new version is really selling well and turning things around? Someone knows something we don't ....

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To: Luc N. who wrote (324)1/4/1999 2:47:00 AM
From: Gilbert Lafortune   of 553
 
Hi Luc,

I just realized that i can post here for free,
thanks to your comment on Discreet Yahoo board.
I had never tried to click on Respond before !!!

The reasons i believe MGI went up lately are:

1) Fundamentals are improving
2) Small caps now have their turn
3) MGI was relatively cheap at 1.50 or so
4) PC Mag award.
5) Some good shows participation

Like i wrote on the Discreet thread, i sold at 2.30 the shares i had bought at an average price of 1.40, hoping to buy them back at 2.00 or so. I know doing that i may miss a run up, but we just got one, and some setback would be normal.

gm/

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To: Luc N. who wrote (323)1/4/1999 8:02:00 PM
From: Steve Stinson   of 553
 
What I like about SI is the quality of the discussion. The membership aspect seems to act as a filter against the relentless plugs for free real time quotes and questionable stock promotions that characterize Yahoo. Also, the participants tend to be more knowledgeable about the companies they are talking about. I hope you can convince some of the others who are interested in MGI of the merits of this forum.

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To: Gilbert Lafortune who wrote (325)1/4/1999 8:16:00 PM
From: Steve Stinson   of 553
 
I think your reasons are bang on. Although with this company, you can never be sure what is driving it since there is so little news besides company press releases.

The share price moved up in a similar fashion prior to Intel taking an interest in the company last year (at C$1.80 per share I believe). It could be that someone else is kicking the tires again to inject some additional equity into the company.

PhotoSuite II is reviewed in a recent PC magazine article and wins an honorable mention. Microsoft PictureIt was Editors choice. See:

zdnet.com 

I too took some profits on my holdings last Friday. I think I will get another chance to get back in at lower levels barring a takeover announcement. The company still has yet to make any real money, and I think the share price was a little ahead of itself. I hope I won't regret my decision to sell.

Steve

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To: Steve Stinson who wrote (327)2/3/1999 9:33:00 AM
From: Technopeasant   of 553
 
Anyone have any info on who the competitors are for software only DVD?


Canadian Company Press Release

MGI 1999-02-03 (provided courtesy of Canadian Corporate News.)
register to receive future releases by email from CCN

MGI Software Announces "Best-of-Class" DVD Software-Only Solution for
PC OEMs

TORONTO, ONTARIO--DVD-ROM, as a replacement of the CD-ROM, is
becoming more attractive to PC manufacturers because of
economies-of-scale. But, aside from the basic drive cost, DVD-ROM
also has required expensive and dedicated hardware to enable the
playback of DVD content, such as DVD movies, and interactive
applications. However, MGI Software Corp. (TSE:MGI), the world's
leading provider of PC photo and video software for home and
business users, today announced a Software-only DVD playback
solution, which enables PC manufacturers to cost effectively
capitalize on the explosion of DVD-ROM drives being delivered with
new multimedia PCs. MGI's Software-only DVD solution delivers the
best combination of quality, performance, platform integration,
risk reduction, Microsoft Windows compatibility, and overall
value.

In a research report published in June 1998, InfoTech, Inc.
forecast that DVD-ROM drive sales would exceed 6.5 million units
in 1998, but explode to a worldwide installed base of almost 70
million units by 2000. According to the InfoTech report: "In the
PC industry, the compatibility and performance problems that
hampered the DVD-ROM launch in 1997 have largely been addressed,
while OEM prices for a complete DVD solution are trending towards
the $100 mark. This suggests that DVD-ROM drives will be available
on a large number of mid-market PC models by year-end. With
further cost reductions in 1999, (spurred on by software-only DVD
players), DVD-ROM will begin to replace CD-ROM drives in
entry-level, sub-$1,000 systems..."

MGI's solution delivers performance that is equal to dedicated
(and expensive) hardware-based DVD playback systems, on a 300Mhz
Intel(R) Pentium(R) II multimedia computer or equivalent, with an
AGP (Accelerated Graphics Port) graphics controller.

MGI's Software-only DVD is a "Best-of-Class" solution that
features:

-Full Screen, Full Motion DVD (MPEG 2) and Video CD (MPEG 1)
playback at 30fps (frames per second)

-Intuitive VCR-type interface with full play-back control and DVD
navigation support (parental control, multiple viewing angle
tracks and extensive title and menu options, closed captioning)

-Dolby(R) Digital (AC-3) with surround sound audio (Dolby
Certified)

-CSS copy protection (with geographic zone support)

-Windows certification, PC98 and WHQL (Windows Hardware Quality
Lab) certification

-100 percent DirectShow implementation

-Sixteen languages supported including, English, French, Italian,
German, Spanish and Japanese

-Built-in backend Web support (for updates, customer service and
new title releases)

"Our Software-only DVD is an attractive solution for PC
manufacturers," said Anthony DeCristofaro, MGI Software, president
and CEO. "Not only do we have a quality solution for DVD
playback, but the combination of MGI's DVD solution along with our
MGI PhotoSuite II and MGI VideoWave II applications -- already the
leading brands in their respective categories - delivers a
complete, powerhouse solution for the next generation of
multimedia platforms."

Available for general distribution under OEM license, MGI's
Software-only DVD delivers the highest quality video and audio, in
an intuitive VCR-type interface, with full playback and
navigational controls. Designed to support the full range of
available DVD titles (movies, videos, interactive PC games and
educational titles), the software has been rigorously tested to
meet or exceed the technical and performance requirements of the
DVD specification, and includes Dolby certification and CSS copy
protection. In addition, MGI's solution is a 100 percent
DirectShow implementation, and includes PC 98 and WHQL
certification to assure full Windows compatibility and compliance.
Further, the software is ready for international rollout with
sixteen language editions and geographic zone support.

MGI's Software-only DVD is the first in a series of applications
designed to address broader markets -- such as the video-based
home entertainment market - slated for introduction to OEMs. PC
manufacturers interested in MGI's DVD solution, among the
company's other offerings, can contact Sean Budnik, Director OEM
Sales, MGI Software, at (905) 707-4712 or seanb@mgisoft.com for
further information.

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