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Gold/Mining/Energy : GEAC.....Canadian best kept secret
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To: John Stopforth who wrote (3)12/2/1996 8:08:00 AM
From: Herb Duncan   of 1571
 
Geac up sharply last week Gordon Capital projecting 2.90 per share if thats true current price seems rediculous Only 9 times earniings, would seem to me with their rev and profit growth record it should be at least 16 times or $40.00 Wouldnt you think, They also have a whack of cash in the back. My guess is that they will continue to acquire companies that complement their business.
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