Cognicase (COGI, T.COG) - Integrated IT Solutions Message Board

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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions

COGI 4.550

+8.3%

Jul 18 5:00 PM EST

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To: BGraham who wrote (683)	10/23/1999 3:17:00 PM
From: uel_Dave	Read Replies (1) of 843

BG, <<. I would think there is an amount of debt which might even prove advantageous to the stock price rather than detrimental.>> It was IMHO that the market may look at it this way, unlike when JDS or Nortel buy companies with their strong stock. Cognicase built itself on the cash from its IPO and the secondary offering earlier this year ( 2 million shares @ $35 each ) to acquire companies. Now, they must show to the street that the acquisitions have worked and they are making more money. CGI did an excellent job of integrating their companies and have higher margins also. I do not expect the stock to move upwards until first quarter of 2000. Cognicase stock will be caught in tax loss selling for the rest of the year and unless something dramatically happens. Cognicase is a Prince and the money IMHO is moving to the King - CGI

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