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

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

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To: FreeFall who wrote (418)	7/22/1998 5:09:00 PM
From: micromike	Read Replies (1) of 1571

The TSE is way behind the times on insider filings. The TSE doesn't require the insiders to report until 30 days after they have done the dirty dead so this info is basically useless to you. If anybody has followed Corel, the CEO cowpland built up the company while he dumped 1/3 of his share at $9 bucks and 30 days later he reported the transaction just in time to report the company is in tough times and wham the stock has been in a slide ever since.The US investors have a law suit over that one. Cowpland was kicked off of Geacs board which was a smart thing to do. This could be one reason why the US investors are not that keen on investing in CDN companies. The TSE has got to change this little loop hole for the insiders to protect us poor investors. JMHO Mike

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