GEAC - A New Era? Message Board

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Gold/Mining/Energy : GEAC - A New Era?

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To: Ally who wrote (251)	3/31/2004 12:03:56 PM
From: Sultan	Read Replies (1) of 330

Hey.. Agree with you.. lol.. since I am sitting with my almost full position of nearly 10% of the port (well, I still want to add just a bit).. I listened to last qtr. CC.. the CEO was cautious but there are signs of improvement for sure.. B/S is fine with nearly 100m cash although it still has fair amount of Goodwill.. On the big plus side, cash flow from maintenance continues and valuation is around 1/3 or so for a software company.. Geac on Naz will be discovered.. sooner or later.. I am counting on it.. holding out for 100-200% gains for 12-24 months time frame.. That assumes of course that their niche will chug along and the management will not do something stupid..

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