GEAC.....Canadian best kept secret Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dug_s who wrote (1418)	9/13/2000 10:15:26 PM
From: Jack Jagernauth	Read Replies (1) of 1571

Dug_s They lost money from their operations, but made money on the sale of a business unit. That's what I gathered from looking at their Q1 results. They seem to make some money buying and selling beat-up technology businesses, somewhat like the way a used car dealer might buy and sell used cars. It's difficult to forecast earnings for GAC. They will probably lose money on their operations next quarter, but sell off some more junk and show an 'earnings surprise'. However, with all the negative sentiment, it's probably a good time to buy. Regards, Jack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next