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

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

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To: fruzfreak who wrote (871)	9/4/1999 11:13:00 PM
From: PlayTheKing	of 1571

I agree. Shorting GAC at this stage would not be prudent given the positives going for it right now. However, the street has been "burned" by GAC in the past and it is for this reason that you see a more conservative 12-month target price. Let's get real, $45 for GAC?? 6 months ago most analysts were predicting $60-$80 for this stock...that's almost a 40% discount from where it was. I would also add that "fundamentally" this company is in a better position than it was prior to the Asian crisis back in 1997: more cash, steady earnings, better management, aggressive CEO. I am confident that Bergeron will be taking us to levels not seen since 1997. JMHO PlayTheKing

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