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

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To: Dale Geffrey who wrote (888)9/14/1999 10:50:00 PM
From: micromike   of 1571
 
Geac turns in strong first quarter
biz.yahoo.com
The Markham, Ontario-based firm reported earnings of C$51.7 million, or 60 Canadian cents per fully diluted share, on sales of C$202.5 million versus a last-year profit of C$46.8 million, or 60 Canadian cents per share, on sales of C$173.5 million.
The results beat consensus estimates from analysts polled by rating agency IBES International for 55 Canadian cents per share in the quarter ended July 31.


Looks good considering higher effective tax rate (24 percent) than in the prior year (15 percent). I can't wait to see if Bergeron can generate some profits from JBA. If he can pull this off we should be back up to our 52 week high in the not to distant future maybe even back to 60 bucks.

JMHO
Mike
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