Internet Update:

Compression Impresses

Dateline: 02/21/00

Canadian Internet Index	Index	Software	E-business	E-commerce
Feb. 11, 2000	1793.8	1419.5	2057.9	1489.5
Feb. 18, 2000	1921.2	1453.6	2204.8*	1609.0^#

* without BCE Emergis - 2371.6
^# without TD Waterhouse - 3063.9

The name of the game, as we have said many times here before, is speed and bandwidth, particularly as we move ahead into the era of convergence between television and the Internet. One of the ways to improve speed and make effective use of available bandwidth is through improved compression technology. That proved to be a boon for full motion video compression innovator USA Video as reported here recently.

This week compression technology specialist Image Power is moving up smartly upon taking delivery of the new JPEG2000 codec prepared for the company by research affiliates at the University of British Columbia. The codec goes to the International Standards Organization (ISO) in March. If approved as a new standard, Image Power will continue to grow.

Now on to this week's report.

Movers & Shakers

We added 7 more stocks to our list this week bringing our total up to 120 tracked. Two were stocks elevated from the Penny Stock List after trading over a dollar a share for three weeks. The other five are new additions - stocks overlooked previously or newly minted Internet related companies. Of the 120 tracked, 49 were double digit movers for the week - 33 were advancers and 16 were decliners. The ratio is narrowing, which is not surprising as the stock market in general ended on a down note once again. To see the Movers & Shakers as a pop-up chart, click the button. To see it as a separate page with the discussion on the same page, click here.

Top of the list is Image Power (IPZ - CDNX) which almost doubled with a 94.67% gain. The week before it had gained almost 50% on the announcement that the University of British Columbia had delivered the pre-commercial JPEG2000 codec as per contract. On Feb. 14th the company announced financing to further develop its technologies. Image Power is the subject of this week's profile.

Second on our list is Tecsys Inc. (TCS - TSE), a developer of business-to-business e-commerce software solutions. Its Elite.eCom™ software was described as the "most developed e-commerce solution" in a Report on Supply Chain Management by AMR Research in November 1998. Clients include such prominent firms as Reynolds Metals and Shoppers Drug Mart. Its financial control systems have been licensed to over 600 U.S. companies including Home Depot, HBO and Marriott International.

Tecsys Inc. was a recommended stock pick in the December 1999 FutureStock Review. The company had experienced some slowdown last year due to Y2K concerns, but with that problem past, things are picking up again. In fact, Its second quarter results released Dec. 7 showed a 65% increase in revenues from the same quarter in 1998 despite Y2K. The company spends 17% of revenues on R&D and has a strong cash position.

We've only just added Tecsys to our list of stocks followed, but it is in its third consecutive week of double digit gains.

E-business solutions company Burntsand Inc. (BRT - TSE), which we profiled here in October, is third on our list with a 62.72% increase in stock price. The jump comes in anticipation of the release of its 1999 financial results today (Feb. 21). Burntsand is in its second week of double digit gains.

Fourth on our list is Pinetree Capital Corporation (PNP - TSE). This venture capital company invests in leading edge technology firms, the most notable one being Softquad, makers of the HotMetaL Pro™ and XMetaL™ web authoring software. Pinetree holds 35% of this privately held company.

Pinetree also holds 4% of Lumenon Innovative Lightwave Technologies of Montreal which is traded on the OTC BB as LUMM. It has additional interests in satellite company NSI Communications and in biotech firm GeneVest.

The company's stock is up 48.39% on the acquisition of an interest in Jotter Technologies and completion of additional financing. The company has only just been added to our watch list, but is in its third consecutive week of double digit gains.

And fifth on this week's Movers & Shakers Report is Alberta based Net Shepherd (WEB - CDNX), an e-business solutions facilitator. There is no news to account for the 37.50% jump in price.

Other companies on a multi-week surge are four week gainer Medcomsoft.com (MDCM - CDN) and three week gainer Info Touch Technologies (IFT - CDNX). Up for a second week are Surefire Commerce Inc., formerly Micro Tempus (MTP - TSE), Carbiz.com (CZ - CDNX), Earthramp.com (ERA - CDNX) and USA Video (US - CDNX).

On the negative side, both Sideware Systems (SYD.U - CDNX) and Valu-Net (VNE - CDNX) are in the second week of double digit losses.

Our Weekly Updates

We've put up the new numbers for our Internet Index. You'll also find the complete weekly and YTD changes for all the stocks on our Movers & Shakers Master List. You'll also find new additions to our Yankee List and our Penny List.

Canadian Internet Index
Canadian Internet Penny Stock List
Yankee Stock List
Billion Dollar Babies
Movers & Shakers Master List

This week we profile our top performer for the week, Image Power. Also linked below are two previous selections as well as our Profile Index.

Comments? Suggestions? Why not post them on our Bulletin Board or email me.

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