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Gold/Mining/Energy : CGI Group (GIB.A) -

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To: Ahda who wrote (20)	3/22/1997 9:17:00 AM
From: BM	of 1673

Darleen, CGI is up 11% to a new high during the last 2 days on very significant volume. Hope you didn't wait too long to get in. I've combed today's Globe & Mail and Financial Post to understand why but there's no clue. Hopefully more Year2000 or other significant contracts. As to your concern that it has gone up much too fast, I too was of that opinion and was nervous about jumping in as it got up to the $10 range in December, after it ran up from the $6 range in November. After combing through their web site, I took the plunge at $10.25 on Jan 10 and we are now at $15! Not too shabby. This is a quality company and my favourite long term hold for my RRSP. Keep in mind that Year2000 business is only gravy - they are highly successful even without it. Look for increasing Canadian investor interest in CGI as Y2K starts to catch on as an investment strategy, especially since there are very few Canadian Y2K available for investing within an RRSP. I don't know if you're a Canadian but our Registered Retirement Savings Plans (RRSP) are limited to 20% foreign holdings. So for a Canadian wanting a Y2K investment inside an RRSP, you have a choice of CGI or LGS and that's about it. By the way, if you're interested in some quick action, you may want to check out the Jot-It thread for something that's been heading up quickly, and with more upside to come. exchange2000.com

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