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: Dale Geffrey who wrote (79)	9/23/1997 11:05:00 PM
From: Babblefish	of 1571

Dale, when you bought at $1.60 you may have gotten the shares I sold at that price. I think I orginally paid something like $.85 and then thought I was a hero when I sold for such a large profit. Thankfully, I saw the error of my ways and bought back in in 1987 for $2.85. That was more good luck than good planning, but I had read at some point that Geac lost a huge amount of business when one Trust company with which they had a contract was taken over or merged with another with which they did not, so apparently the merged company went with (I think) Unisys which was already established in the larger Trust Company. But despite the fact that Geac found itself in a very deep hole, many if not most of its large mainframe customers were so loyal that they paid their contracts early which allowed Geac to stay in business, then along came Helix and the rest, as they say ..... Babblefish

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next