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

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To: micromike who wrote (1259)7/3/2000 8:55:43 AM
From: Ally  Read Replies (1) of 1571
 
I can't see anything bad and big that may happen when the company reports its Q4. Maybe a write off of intangibles. Management did a write-off last year, but seeing how cheap the stock price is, they might as well spruce up the balance sheet further since the stock price has already reflected this.

Geac is the largest Canadian software company in terms of revenue, and is the most undervalued. All the institutional buyers are waiting to see how the new management performs before they jump in. When they do, they'll go on tv and squawk about it. The analysts then jump on board with higher targets, and the brokers start recommending to their lemming clients to buy, buy, buy.

"And the seasons, go on and on. Painted ponies go round and round."
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