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

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To: micromike who wrote (901)	10/14/1999 11:13:00 PM
From: micromike	Read Replies (1) of 1571

INTERVIEW-Geac pushes on with acquisition drive biz.yahoo.com Said to turn in 20-hour work days, Bergeron has built a reputation as an aggressive and ambitious company builder. Bergeron has pledged to boost JBA's anemic profit margins to Geac's traditional 20-25 percent levels by the next fiscal year. JBA, which has recently reported margins of 5-8 percent, is expected to just break even this year. Consolidating offices and cutting 5-10 percent of duplicate staff is expected to take care of half the target gains. Further gains are expected from an upswing in sales as companies reopen purse strings previously tied up for year 200 repairs. ''Critical mass is kind of a moving target...We're operating in a world where that point gets bigger every day,'' he said. ''I think within a couple of years it will be C$2 billion to C$3 billion and we'll be there in a few years. I don't see that there's any reason that we should be stopped.''

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