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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

845.0. "Hummingbird Communications?" by CGOOA::KUNDRIK () Fri Mar 17 1995 15:52

    My broker wants me to buy into a small Canadian software company
    called Hummingbird Communications. It is selling on the TSE for $26 and
    change and is also on NASDAQ. They are developing a PC xserver
    application for unix. This should be a growing market, but I would
    think there are probably hundreds of companies working on such a
    product. Has anyone heard of Hummingbird Communications, or have any
    opinions?
    
    Darrell
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845.1ZENDIA::FERGUSONSplit open and Melt!Mon Mar 20 1995 10:184
i've followed this stock for the last year or so and it hasn't moved much.
fell to a low of around 13, up to around 18...  i'd need some financials to
look at before putting money down.

845.2Ask him if he's acting as a principal (vs. agent)EVMS::HALLYBFish have no concept of fireMon Mar 20 1995 11:124
    Just a guess, but I'd say your broker is probably looking after his own
    best interests, not yours.
    
      John
845.3Direct CompetitorNWD002::THOMPSOKRKris with a KMon Mar 20 1995 12:536
    Our eXcursion server product competes with Hummingbird's (I think it's
    called Exceed).  I'm told by our product people that Hummingbird's has 
    a dominant market share (~over 50%?) and has more features and runs
    faster.  But our next version of eXcursion will put us about even.
    Don't know anything about the financials or the company, other than
    the impression they are a darn fine marketer.