CGI Group (GIB.A) - Message Board

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

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To: BM who wrote (176)	1/6/1998 11:31:00 PM
From: Jean-Robert Grenier	Read Replies (2) of 1673

Thank you BM if you look to the chart of CGI on stock watch and if you make a line on the lowest price and on the highest price for that stock on a last 6 month bases, we should see CGI stock at 30$ to 32$ before the end of january. Reasons: Before the BCE deal, many would have tendancy to think that CGI would not be able to realise with profit all their contracts but now that they have the human resources (7000) minus what they wont keep, they are in an excellent position to grab a great share of the 12,000,000,000$ canadian market that represent the year 2000 and that is beside the "impartition" market that the will attack more agressively and the electronic transmission of data were they are becomming a leader. I would not be surprise to see in 4 to 6 months a split because Serge Godin like to see CGI stock around 24$. I learn an amysing information today: what % do you think small investors represented out of the 39,000,000 shares of CGI ? The answer should be good indicator on the volatility of CGI stock price.

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