Stock Sim Exchange
Genex Corp.
Trinity Motor Corp.
Shimmer Oil Corp.
CyberComm Corp.
100
100
100
100
Composite Index
100
Copyright © 2001, New Learner
www.newlearner.com
Report on Business
Monday, April 2nd, 2001
Stock market to heat up
with four IPO’s
Rising oil prices
fuel inflation fears
The Exchange will see four new stocks enter onto
the exchange today as all four brokerage firms
present initial public offerings. Nesbitt Burns will
offer stock in Genex Corp. - a biotech firm
engaged in gene therapy research. Charles
Schwab hops onto the hi-tech bandwaggon with
CyberComm – a micro-processor and memory
chip manufacturer. Merrill Lynch is slated to offer
Trinity Motor Corp. – whose prototype fuel cell
automobile was recently featured in Popular
Mechanics magazine. Finally, TD Waterhouse
will offer Shimmer Oil, whose north sea oil
extraction process is now economically viable
due to the recent rise in international fuel prices.
Consumers are
not likely to find any
relief at the gas pumps
this week, as OPEC
nations agree to their
third export restriction
this year.
Market analysts
fear that OPEC’s resolve
to maintain higher fuel
prices will invariably
cause world inflation
rates to rise.
Report on Business
Genex rumoured to be on the
verge of Arthritis Cure
Arthritic patients and medical caregivers are excited to hear the rumours that
Genex Corporation has completed a second
round of successful drug trials testing the
effectiveness of their anti-arthritis vaccine.
The vaccine, which is said to “switch off”
certain genes that control the body’s autoimmune system, passed it’s initial trial test
late last year. The initial trial boasted an
impressive 73% rate of effectiveness – far
beyond the 27% rate of effectiveness
associated with the placebo distributed to the
study’s control group.
Tuesday, April 3rd, 2001
HTSE enjoys
recent gains
The Stock Sim
Composite Index would
appear to be illustrating a
definite “bullish” attitude
amongst investors.
Some market
analysts speculate that
recent inflationary
concerns are in fact
responsible for the
increase in market activity,
as investors seek safe
havens for their funds.
Wednesday, April 4th, 2001
Report on Business
Shimmer Oil enjoying the
fruits of OPEC’s resolve
Shimmer Oil seems to be benefiting a
great deal from OPEC’s recent self-imposed
export limits on crude oil. Shimmer, a newly
public company, posted impressive first-quarter
results yesterday, boasting a 14 million dollar
profit.
Stockholders are the big winners today,
as the company announced the issue of
dividends to the tune of $20.00 a share. It would
seem that the recent oil crisis isn’t exactly bad
news for everyone!
Inflation Up 0.3%
Consumers are
not finding solace at the
cash register these days,
as inflationary pressures
have become evident
within industries that are
vulnerable to rising fuel
prices.
Shoppers are
now paying more for
imported goods, heating,
transportation, and
hydro.
Report on Business
Trinity Motor Posts Net Loss
Investors in Trinity Motor Corporation
were not happy to see a $2 million net loss posted
for the company’s first public quarter. Trinity
CEO Gotta Dryve announced that the company
cannot afford to issue any dividends to
stockholders at this time.
Merryll Lynch, who underwrote the IPO
for Trinity Motors, stands firm behind the company. At a press conference late yesterday, the president of the brokerage firm stated, “Trinity Motors
has strong fundamentals and tremendous potential
for profits. It’s not cheap to produce the world’s
first mass production alternative fuel automobile.
Nobody ever expected to make this omelet
without breaking a few eggs first.”
Thursday, April 5th, 2001
Inflation takes its
toll on the looney
Canadian
importers and travelers
weren’t happy to see the
value of the Canadian
dollar drop ¼ of a cent
yesterday.
Inflationary
pressures were predicted
to effect the dollar
sooner or later. The only
question that remains is
whether the central bank
will intervene by
increasing interest rates.
Report on Business
CyberComm wins Apple contract
CyberComm, a micro-component
company which was just taken public early this
week, has won a major production contract with
Apple corporation. Steve Jobs, CEO of Apple
corporation, states “At Apple we constantly strive
to raise the bar for elegance and efficiency in
micro processing. CyberComm seems to
understand this philosophy. We look forward to
working with them.”
CyberComm is to begin production for
the contract late next month. Although details of
the contract have yet to be confirmed, rumours on
Bay Street indicate that the contract will be worth
about $1.2 billion over the next two years.
Friday, April 6th, 2001
Interest rates
remain firm
The central
bank has decided to
adopt a “wait-and-see”
position with respect to
the recent drop in the
looney. “Make no
mistake, we have a
strong mandate to fend
off inflation in Canada.
If inflation does cross
the 3% threshold, we
will increase interest
rates.” said president
of the central bank.
Report on Business
Genex named defendant in class
action suit
Genex corporation was named the sole defendant
in a class action suit filed yesterday in provincial
court. Twelve plaintiffs are listed in the law suit,
alleging that Genex’s anti-inflammatory drug
Phlamadrown is associated with a number of ill
side-effects, including vertigo, nausea,
halitosis, and flatulence.
“Phlamadrown is as safe as vitamin C”
Monday, April 9th, 2001
Trouble in
paradise for
OPEC
At least three
OPEC members have
failed to sign on to
yesterday’s oil export
agreement. These rogue
OPEC members now
threaten to dissolve
said Genex’s president Gene Poule. “This is
OPEC’s grasp on the oil
simply a case of frivolous litigation. You can’t market.
Gas prices are
expect to be successful in this business without
already going down as a
being targeted by opportunistic individuals
every now and then… I’m really not worried.” result.
Tuesday, April 10th, 2001
Report on Business
Rough seas ahead for northern oil
extraction
Late yesterday the board of directors for
Shimmer Oil Corporation held an emergency
meeting to discuss the impact that a possible
dissolving of OPEC oil restrictions might have on
the company.
A flood of OPEC oil onto the market will
cause gas and oil prices to plummet – placing
Shimmer, a company engaged in the more
expensive process of north sea oil extraction, in
an unenviable situation.
Given the estimated surplus of OPEC oil
believed to exist, oil prices could drop as low as
$24.00 a barrel within the next week.
Two more OPEC
members walk
out of talks
Saudi Arabia and Iran
reportedly walked out
of yesterday’s OPEC
meeting. With five
countries now
withholding support
from the latest OPEC
agreement, the
eventual breakdown of
OPEC export restrictions is now almost a
certainty.
Wednesday, April 11th, 2001
Report on Business
“I have seen the future of
transportation, and its name is
Trinity Motors.”
Oil prices drop
with the fall of
OPEC
Stockholders who have been disappointed
with the performance of Trinity Motor’s stock
“will not be disappointed by the performance of
this automobile” stated Car and Driver test driver
Kelly Babcock. Ms. Babcock took Trinity’s
TR1000 for a spin around Toronto’s 400 series
highways yesterday. “I am excited to see that an
At least five
rogue OPEC nations
have agreed to start
exporting their recent
oil surpluses to the
west. Gas prices at the
pump have already
started to drop based
on the speculation of a
decrease in the cost of
the recently expensive
OPEC crude oil.
electric automobile need not be associated with
slow speeds and poor performance.”
The long-awaited TR1000 will hit showrooms this summer. There is already a 6 month
waiting list on orders for the electric automobile.