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Gold/Mining/Energy : CGI Group (GIB.A) -

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To: Greg R who wrote (672)	8/28/1998 10:11:00 PM
From: Jean-Robert Grenier	Read Replies (1) of 1673

Were is everybody, BM were are you ? It was a dramatic week for all of us. I am still a great supporter of CGI. Now let's take the time to analyse the situation: 1) Most of CGI or old CGI holders were I think new on the Market so, panic was probably the real reason for putting out. 2) US Mutual funds seeing the CDN$ falling sold their block to secure their money after high profits. 3) CDN Mutual Funds are also in the same situation they need to sellprofitable stock to show great results and CGI was a great candidate for that purpose. 4) The split that was anticipated in August never came and fears out the new investors. But the fundamentals of CGI are still the same so I suspect that the real reason of the dumping the stock is mostly securing the fast profit that CGI provided to so many investors. 5) If you all recall I launched a little survey not far ago putting CGI at 22$ or 30$; Airborn asked were I was getting those numbers. My crystal ball probably. CGI WILL BE BACK BEFORE A YEAR AT 40$ AND +. NO REASON TO PANIC JUST HOLD YOUR HORSES KEEP YOUR SHARES AND BE SURE THAT WE ARE IN THE BEST INDUSTRY WITH " IT"STOCK Have all a nice weekend ! and don't give up. Au revoir Jean-Robert

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