GEAC.....Canadian best kept secret Message Board

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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: Fun-da-Mental#1 who wrote (814)	7/14/1999 10:22:00 AM
From: Fun-da-Mental#1	Read Replies (1) of 1571

Damn, I sold at 26.90 first thing this morning. I thought I had to get out before it went down, but now it's up! The market seems to be taking an optimistic long-term view, which I think is sensible, but surprising. Normally companies get slammed for this kind of thing. This may sound like sour grapes now that I've sold, but I don't think it's quite fair to say that without these one-time charges they beat the earnings estimates. There are usually some kind of one-time costs for any company in any given year, so I think that part of this writedown has to be counted as a normal cost of doing business. Good luck to everybody still holding. Fun-da-Mental

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