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Gold/Mining/Energy : CGI Group (GIB.A) -

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To: Gilbert Drapeau who wrote (1629)6/26/2000 2:00:00 PM
From: Gilbert Drapeau  Read Replies (1) of 1673
 
SMALL-CAP SCREAMERS

By Shannon Peavey, America-iNvest.com

Fri, Jun. 23, 2000 13:48 PDT

Small-Cap Sliders

CGI (GIB) shares tumbled 26.8% to 7 1/2 after the company said that third quarter revenue and earnings per share will be below analysts' consensus estimates. Revenue for the third quarter is expected to come in between $315 and $325 million, lower than market expectations. Earnings per share are expected to be between 2 cents and 4 cents per share. The company said results are related primarily to a post-Y2K slowdown in the decision-making process related to new investments in IT and the awarding of large outsourcing contracts.

See also:

America-iNvest.com's MicroCap Model Portfolio Picks
Prudential Securities' Weekly Small-Cap Report
MicroCap1000 Index Year-to-Date Gainers/Losers
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