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Gold/Mining/Energy : CGI Group (GIB.A) -

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To: Fouad Nahas who wrote (123)11/3/1997 8:09:00 PM
From: BM  Read Replies (1) of 1673
 
Upsurge must be the result of the awakening of some to CGI's inevitable strong growth in earnings over the next few years. Too bad we didn't catch more at $34 last Monday during the Asian flu but share price is a bit high for we small investors. Perhaps it's time for another split!

Still, there were some 217k shares traded today so there has to be something behind this volume and the company seems to have caught the interest of some with deep pockets. Year-end was Sept 30 so perhaps Q4 earnings will be out fairly soon. This will be the first one to include earnings of some of the new acquisitions.

Re LGS, the recent annoncement of the purchase of their shares by a US firm looks very interesting indeed. We'll see how that one develops. By the way, Group West announced a $3M contract today with a US company.
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