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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions
COGI 4.550+8.3%Jul 18 5:00 PM EST
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To: gerald tseng who wrote (88)3/8/1998 10:52:00 PM
From: BM  Read Replies (1) of 843
 
Good summary Gerald. A couple more points to consider

1) Icotech and Hexagon give them project management resources which enable them to take on much bigger contracts

2) Icotech gives them entry into European Y2K and Euro-conversion work

3) Hexagon improves their position in the US market where they have competitive price advantage, and provide US currency gains.

4) Hexagon gives them entry into the highly lucrative Ottawa (federal government) and Toronto (Ontario provincial government and HQ of most major Canadian corporations) markets.

5) As indicated at the last CC, 70% of current work is in migration rather than Y2K and migration work will continue well past 2000.

6) They have indicated that they are also hoping to develop some permanent outsourcing business - a very profitable and secure business to get into these days.
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