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

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To: AChan who wrote (1224)6/25/2000 12:07:00 AM
From: Doug  Read Replies (1) of 1571
 
A.Chan: There were 5 Strong Buys/buys and a target of c$50 which in April was reduced to c$40.

Just goes to show you what a set of Bum Analysts there are up North. I can understand if there were 1000 stocks or so. GEAC is one of a handful of large Cap Cdn Companies and there was no excuse for such poor analysis.

I am not sure how Bay/Wall street views GEAC in terms of its Buisness model, Cash flow and acquisitions thru Purchase on debt etc. It would be quite enlightening to know the precise reasoning.

Good luck.!

I suspect that their financial model showing slow depreciation of goodwill may be of concern.
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