That's Doctor Bean!

Top of our list is one we just added this week - Sideware Systems (CDNX - SYD.U, OTC - SDWSF). It jumped from $1.68 on Nov. 26 to $3.05 on Dec. 3rd and then moved up to $5.65 on Dec. 10th for a gain this week of 85.25% and an increase for the two weeks of 236.1%. It is the focus of this week's profile.

The company has been around for a number of years. It gained some attention a couple of years ago as Jot-It Software for its invention of a computer version of the yellow sticky note. You could paste these on your screen electronically as reminders to yourself.

The company then went on to change its name to Sideware Systems and to develop a new product. They saw a hole in the conventional e-commerce model. People were reluctant to buy online because they were dealing with a faceless entity. There was no customer service. So Sideware came up with Dr. Bean, a Customer Relations Management program that let's customers interface with real sales clerks online. (You might call it applying the About.com model of real Guides to e-commerce.)

In June the company released Dr. Bean V. 2.0 and in October the company was approved for listing on the OTC BB and announced a partnership with IBM to bundle Dr. Bean with IBM S/390 Multiprise 3000 servers as part of IBM's Enterprise Growth Offering.

The company has major partnerships with IBM, Sun Microsystems , Oracle and AT&T. Sideware and its wholly owned U.S. subsidiary, Sideware Corporation, plans to open offices in 17 cities across North America in the next year. They employed 50 people in August, 80 today and estimate they will be employing 1000 a year from now.

Last week two New York investment brokers were in North Vancouver to visit the company and a major announcement is rumoured to be slated for this week. A news story on BCTV's Newshour twigged me to the company and I liked the story so much I went out and bought some Friday, even though it had just gained 236%. You know I'll be watching this one closely!

But Sideware was just one of the stories this week. Look at Corel! Last week I reported that Corel (TSE - COR. NASDAQ - CORL) had doubled to $40.95 on rumours of a takeover by Red Hat and then retreated to $23.85. "Perhaps the market is giving those not yet invested in the company a chance to jump in now," I wrote. That proved to be very prophetic as the stock surged to an intraday high of $64.65 Thursday on the Linux euphoria of VA Linux's IPO. It settled back to close at $44.00 Friday, still up almost 85% for the week. It has now had five consecutive weeks of double digit gains.

Then there was Infowave Software (TSE - IW), which gained 76.1% for the week. The company, as reported here previously, has two divisions, one making software allowing the interfacing of PC based printers with Apple i-Mac computers. The success of i-Mac had sent Infowave soaring earlier this year. But its other division, wireless solutions for email, was still in its infancy. This past week the company announced major alliances with Bell Atlantic Mobile and Phone.com and the stock is now on its second surge this year. Infowave is in its fourth consecutive week of double digit gains. Analyst Bill Ridley of The Inner Circle, a longtime promoter of Infowave, must be grinning from ear to ear!

Three other stocks, Multiactive Software (TSE - E), T & E Theatre.com (CDNX - TE) and Burntsand Inc. (TSE - BRT) all soared over 70% last week.

T & E Theatre.com, the former Em Net Corporation and owner of Theatre.com, formerly BuyBroadway had been slumping badly for three weeks but is now reversing itself after its new site launch and name change. Multiactive continues to gain on the success of its Entice! e-commerce software and Burntsand gained on news of its opening a second U.S. office and record revenues - a 235% increase over last year.

Other stocks that have been double digit gainers for two or more weeks running are Travelbyus.com (3 weeks), Stox.com (2 weeks), Book4golf.com (2 weeks), Diversinet (2 weeks), Hummingbird Communications (2 weeks), Infointeractive (2 weeks) and Micro Tempus (2 weeks).

There are no stocks into a second week of major decline.