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

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

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To: Jack Jagernauth who wrote (1422)	9/14/2000 12:17:24 AM
From: BlueIce	of 1571

Most people don't take into consideration sales of units to be part of their true earnings because they're one-time charges, so I wouldn't assume they'd give us an earnings surprise by selling something else they own. It's the same with writing down expenses one single time that creates a huge loss on the balance sheet. So I've been reading that Geac received two serious offers to buy them. When do shareholders get a chance to accept or decline such offers? Can Geac's board and/or directors reject every takeover offer without letting shareholders vote on it? I still hold no Geac shares, but it continues to be on my radar.

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