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Gold/Mining/Energy : GEAC - A New Era?

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To: Sultan who wrote (278)2/1/2005 6:26:15 PM
From: micromike  Read Replies (1) of 330
 
Something is definitely up and I don't think it is the share buy back. Another 52 week high in both exchanges with huge volume on the TSE and a very large one day gain which I can't even recall when the last time I saw such a gain.
All I can do is speculate since there is no news out for over a month now.

Jan. 31 Q3 is in the books. Maybe software sales are increasing. We won't know till the first week of March when they report Q3.

The street is starting to believe in Geac and is giving them a higher multiple or

Somebody is looking to buy them out.

Take your pick. I'm kind of leaning towards software sales are increasing. Q3 is the quarter that they renew a lot of contracts so maybe the renewals came through and didn't lose any.

Mike
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