GEAC.....Canadian best kept secret Message Board

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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: Superman who wrote (357)	7/8/1998 8:41:00 AM
From: make.it.co	Read Replies (1) of 1571

1) anybody who follows geac closely knows that the third qtr is always their big one. december falls in their 3rd qtr, and they get a lot of "year end", "spend the budget" sales in that qtr. so this was expected. i was impressed that revenues were up 20% from the same qtr last year with no major acquisitions during the year. a knock on geac has been that all it's growth has come from acquisitions, but it now appears that its generating some internal growth. 2) geac's comments raised a few flags - nothing is ever simple. i can't confirm or deny the 14% and 31% tax rates you suggested, but i'm going to look into it! i doubt that tax benefits added $.10 to eps! i have a couple of questions for you. how do you feel about geac's cash balance's and the prospects for future acquisitions? are you long geac?

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