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

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

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To: DownBig who wrote (388)	7/12/1998 11:12:00 AM
From: make.it.co	of 1571

downBIG enjoyed your comments. one of them was that earnings after adjustments was $.74. this might be off. geac's position is that earnings after adjustments was $.62, and that the average of all analysts forecasts was $63 (first call was $.65, but geac says they were wrong!). i too am long, so i find the rest of your comments quite compelling. my greatest concern is sadler. i don't know if he's committed, and i don't know if i have the same confidence in the rest of their mgmt. sadler is the acting chairman of helix, and he's on the board at open text, and he's been involved with geac for a LONG time, so i wonder if he's "moving on", even if it's only in spirit. if he does plan on staying, the recent fallback might be incentive for him to "check back in", and he certainly should get some options at a very reasonable strike price!! at $40, i don't think there is ANY downside, unless sadler decides to move on!

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