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

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To: Greg R who wrote (827)11/8/1998 12:10:00 PM
From: Sili Investor   of 1673
 
Greg:

I have to admit that I cannot read charts. Having looked at this chart however, it seems indicative of the momentum CGI should carry forward in the coming 6-10 weeks.

Obviously, with the annual report being released in early December, CGI should increase nicely through then. The question will be whether the share price increase will be sustained through to the first quarter reporting in later January.

My bet is on a significant rally in prices over the next few months. In fact, it is likely that a number of recent successes by CGI will all be announced in a relatively short time period over the coming weeks - similar to the attempt made in August. Obviously, August wasn't a good month for anyone!! Maybe this time they'll be able to ride a wave, with the potential of a share split if it gets high enough.

All, of course, my opinion.

Sili
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