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Gold/Mining/Energy : Canadian Technology issues

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To: allrich who wrote (510)	4/24/1996 10:33:00 AM
From: Fred J Bealle	of 640

Alan, some Cognos/IBM news; rebound guess. --Today Cognos annced on cdn newswire: CGI, a Paris, France-based subsidiary of IBM, will resell Cognos' market- leading business intelligence tools, Impromptu and PowerPlay, as part of its Human Resources Management applications offering. CGI will completely integrate the Cognos products into the CGI applications and resell them under the CGI name. Financial terms were not disclosed. -----This cannot hurt Cognos share price! IBM as a reseller. -----Cognos rebound price after 3:1 split. Hey, this is like Berkshire coming down from $35K to a tenth. Just allows more volume. For me, Cognos now seems more able to grow. But historically, splits tend to be neutral on the average (from article in Globe&Mail). I bought Cognos partly because of the split---am hoping for maybe a 5% rebound after a few weeks. imho Fredb

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