The Wall Street Transcript Publishes Comments on Royal Bank and Bank of Montreal in Analyst Interview


NEW YORK, June 12, 2000 (PRIMEZONE) -- Four leading analysts and top management from thirty-two sector firms examine the Business Services sector in the latest issue of The Wall Street Transcript (212/952-7433) or http://www.twst.com/info/info110.htm

In a vital review of this sector for investors and industry professionals, this valuable 142-page Special Issue features:

1) Canadian Mutual Funds & Financial Services - In an in-depth (5,000 words) Analyst Interview, Kevin Choquette, a Director, & Michele Weise, an analyst, both with Scotia Capital Markets, discuss the outlook for the sector, including the banking system differences between Canada and the US, investing approaches to mutual funds, interest rate outlook, and share specific stock recommendations.

Choquette gives his take on potential merger partners. "The other combination would be Royal (NYSE:RY) and Bank of Montreal (NYSE:BMO), which was proposed and turned down by the government in 1998. Royal Bank's US strategy would be given a major boost with this combination, as Bank of Montreal's wholly owned subsidiary Harris Bank would be key for Royal Bank's US presence. These mergers are expected to be very accretive to earnings, especially given the benefits of an in-market merger in a concentrated market."

This 142-page Canadian Business Services Issue also features:

2) Canadian Mutual Funds & Financial Services - In an in-depth (5,000 words) Analyst Interview, Kevin Choquette, a Director, & Michele Weise, an analyst, both with Scotia Capital Markets, discuss the outlook for the sector, including the banking system differences between Canada and the US, investing approaches to mutual funds, interest rate outlook, and share specific stock recommendations.

3) Canadian Broadcasting & Media Stocks - In an in-depth (3,800 words) Analyst Interview, Megan Anderson at Yorkton Securities, discusses the outlook for the sector, including increased newspaper competition, Canadian dot-coms, regulation at the CRTC, and shares specific stock recommendations.

4) CEO interviews (average 3,500 words). Top management of thirty-two sector firms examine the outlook for their firm and the sector. Firms include:

AXXENT, COM DEV International, DTM Information Technology Group, International Absorbents, Microcell Telecommunications, Microforum, Mitec Telecom, Mobile Computing, Star Data Systems, AZCAR Technologies, Descartes Systems Group, InfoInterActive, InvestAmerica/Optica Communications, iTech Capital, ITI Education, Janna Systems, McCoy Bros., Microtec Enterprises, Mosaic Group, Multiactive Software, Q·Media Services, Rand A Technology, Research In Motion, Roger AT&T Wireless, Saturn, Sierra Systems Group, SureFire Commerce, TECSYS, Vector Aerospace, VERSUS Technologies, Tutogen Medical, Electric Fuel

To obtain a copy of this 142-page Canadian Business Services issue, call (212) 952-7433 or see http://www.twst.com/info/info110.htm

The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious investors for over 37 years.

The Wall Street Transcript has launched a new free service where investors can ask any of the above companies (or any public company) a question at http://www.qawire.com

The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations.



            

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