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Is anyone out there following Data Mirror (DMC on the TSE)? It writes software to allow firms to copy and move their databases from one system or platform to another. Revenue has been tripling annually since 1995. Alliances with Microsoft, HP Canada, and Digital. (All this gleaned from Investor's Digest report, April 24,98.) Revenue is believed to triple again. Stock today at $12/share, down from high of $17 last year. Good buying opportunity?
I wonder if it might be: no thread yet at SI, so the story isn't sexy yet, and it's Canadian and listed only on Canadian exchange, which increases the chance of its being relatively undervalued.
Anyone out there knowledgeable about DMC? Does anyone use their software?
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