Their technology is used in laptop security applications, and laptop recovery. They have a very high recovery rate. An expensive stock on evaluation basis but the margins are huge.

Has been waiting a while for a couple of key developments. Over the next 3 months there will be developments. This is the emerging leader in fleet telematics.

Has had a bad 12 months even as the fundamentals have built strongly in the right direction. He looks at the stock as having the biggest upside in his portfolio in the next 2 to 3 years.

World-class management. In the continental US. Have a large reserve of almost 4 million ounces. Undervalued.

Likes this one and it is on his Watch List of "Sustainable Advantage Potential". You have to believe in the discounted cash flow, because if you look backwards there is almost nothing. Heard they were having some problems with some customers who apparently were not getting the revenue business that they were hoping for, (unconfirmed and may account for the price weakness.

A black box for airplanes that communicates information to the ground. The contract revenue stream gives them visibility to a discounted cash flow stream that is almost unparalleled. Their business model is getting traction with their clients. A small patent litigation is going on.

Has a product that allows you to mirror what is on your server at work, but in a very secure way. This is a company that he is almost looking for an excuse to buy. Has a deal with Novatel (NVTL-Q) that is extremely interesting and could give them a very powerful distribution platform.

Forest Oil (FST-N) is exercising their $10 million option to proceed in the Quebec low lands. Very well diversified with 1 million net acres, which is a potentially emerging natural resource base and are building up properties in West Virginia that are producing. Just announced some New York assets.

Basically a communication system for mines. There is legislation in the US that is pushing out the adoption of this technology. Getting a connection with China as well. Buys this one on weakness. Some analysts are showing $.10 of earnings within 2 years.

Primarily investing in management.

Very volatile. He will trim a little bit when it gets up in the $55 and higher range and buys on weakness.

Fibre to the home with a chip-based solution, which is far more cost effective than any of the competitors. Likes the company, but it was always a valuation issue with him. You really had to look out 4 or 5 years.

Has been picking away at this one looking for more catalysts. Very volatile. If you have any thing like a 6 to 12 time frame there are great opportunities presenting themselves.

Still a favourite stock with his company. There was some frustration as they were unable to get a refinancing of some debt but is being financed by warrants from existing holders. The shut-in production should be coming on and will be at 30,000 barrels a day in 2 years. Assets in Alaska, California offshore and Rocky Mountain. At this point, all you are paying for are the California offshore assets.

Services company for oil/gas drillers. He looks on this is a great call option on the Mackenzie pipeline going forward.