2010 Canadian Tech Stock of the Year: Glentel

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In British Columbia, Glentel’s roots run deep. After closing the year near the $25 mark, nearly double where it began 2010, casual observers could be excused for imagining that the Burnaby based “Wireless Wave” operator has always been firmly ensconced as a leader here. But Glentel’s story has more twists and turns than the Fraser River, which empties into the Pacific a few miles from the company’s head office. Cantech Letter’s Nick Waddell sat down with Glentel CEO Tom Skidmore to talk about this past and the pheneomenal year the company had. Oh, and to present Glentel with Cantech Letter’s 2010 Canadian Tech Stock of the Year.

Cantech Letter adds Stock #19 to Model Portfolio

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Today we provide a long overdue update to the Cantech Letter Model Portfolio, both in content and in the way we report its performance to you. Our Model Portfolio, for those new to Cantech Letter, is a collection of Canadian technology stocks that rank exceptionally highly in our own Quant Snapshots feature. You’ve seen Quant [...]

Avcorp Comeback: a Wing and a Prayer?

Industry Minister Tony Clement meets with Mark van Rooij, Director and CEO, Avcorp Industries Inc. (left) and Paul Burns, Director, Supply Chain F-35 programme, BAE Systems.

Delta, BC’s Avcorp (TSX:AVP) has seen its share of troubles of late. But, if only for a brief period of time, investors are choosing to focus on the positive. Shares of the much maligned company, which manufactures airframe structures and components on the outskirts of Vancouver, have been trading hands at a the speed of [...]

Canadian Techs rack up successes in US courtrooms

Wi-LAN President and CEO James Skippen. Wi-LAN recently settled patent litigation and obtained a multi-year license with Korean cellphone maker LG.

Talk Canadian technology in the United States and you’ll hear BlackBerry first, perhaps a mention of Nortel or the CanadaArm a distant second. Beyond that? Not much, as the Toronto Stock Exchange has increasingly developed a worldwide reputation as a mining and metals haven. But right now in courtrooms U.S judges are determining, with increasing [...]

Tech Media says BlackBerry Playbook is a hit at CES 2011

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While some in the media are already complaining of tablet fatigue, the 2011 Computer Entertainment Show in Las Vegas, which wrapped up today, was undeniably about these nascent devices. For investors in Research in Motion, CES was doubly important as it marked the first hands on look at the new BlackBerry Playbook for many key [...]

Will Quill help Angiotech survive 2011?

Hunter: "Our innovations, in particular, our proprietary Quill knotless tissue-closure device franchise, combined with the tremendous efforts of our people, have continued to produce satisfying results, even as we continue to address the challenges posed by declining royalties received from our partner Boston Scientific."

The prospect of losing their NASDAQ listing has hung over Angiotech Pharmaceuticals for a long time. Shares of the once high-flying Vancouver medical device company have been slipping for years, from a meteoric high of $36.95 on February 6th, 2004 to mere pennies today. While the delisting, which will happen on January 13th, was a [...]

Cantech Awards: The Numbers

Karsan: "Glentel's stock performance illustrates how value investors can profit from such companies in two ways: earnings growth, and multiple expansion. When these two forces combine, as they did with Glentel over the past year, returns for investors can be phenomenal"

The voting for 2010 Canadian Tech Stock of the Year contained some obvious choices. SXC Health, for instance, added a billion dollars in market value and posted a 40% top line gain. Westport Innovation’s stock continued a dramatic run that began in 2009. In 2010 it was also revealed that legendary investor George Soros became [...]

2010 Canadian Technology Executive of the Year: Mark Thierer

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Across the board the judges for the 2010 Cantech Letter Awards, and Cantech Letter readers, were impressed with Mark Thierer of SXC Health in 2010. Perhaps it’s because of the hands on nature required to flourish through acquisitions, SXC has made several of them en route to growing from $80 million in revenue in 2006 [...]

Cantech Letter’s Top 10 Stories of 2010

The Wall Street Journal's technology columnist, Walter Mossberg, interview Mike Lazaridis. (Photo courtesy All Things Digital/Asa Mathat

1. Negativity about Research in Motion: Six Counter Arguments When Research in Motion (TSX:RIM) reported its Q2 2011 results this past September the numbers, which beat the street’s expectations significantly, appeared strong enough to quell a growing negativity that had hounded the company and sent its shares near three year lows. The number of smartphone [...]

The 100% Club: 15 TSX Techs that Doubled in 2010

Andrew Cheung, President and CEO of 01 Communique.

Another year, and another year of mining stock successes on the Toronto Stock Exchange. It seems like decades since a technology stock really made a difference to the index, and 2010 was not the year to break that pattern. In fact, only one technology related issue cracked the top thirty five performing stocks on the [...]