LGS Group Inc. Y/2000 Message Board

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Gold/Mining/Energy : LGS Group Inc. Y/2000

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To: jim nazium who wrote (74)	9/17/1997 12:49:00 PM
From: Drapeau	of 169

To All: From Michael Block of Innovative Research Associates, 212-421-2545 "LGS Corporation (Montreal: LGS/A) -- Our "no brainer" is living up to expectations. At the annual meeting on September 10th, in Montreal, LGS announced a backlog of $23 million in Year 2000 early stage contracts which, according to the release, translated into at least $85 million of incremental Year 2000 business. On a base of $92.3 revenues (March 1997 fiscal year) this is no mean number and the potential for additional business is readily apparent. IRA views fiscal 1998 as the transitional year where earnings will rebound to near high levels. Next year could really be a "barn burner," and a near term $15 target appears to be just the beginning. Management is actively discussing a U.S. listing." My exit price is now 16$ until LGS.A will be at 15$. I'm very happy to have increased my exit price many times. bud.stocksmart.com:8810/ss-news/CX595023.html -- Drapeau

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