LGS is not concerned about fluctuating earnings.
After all, they are only listed in Montreal, eh? That's why I like LGS. If they were listed on NASDAQ, they'd be up there with their peirs on a valuation basis.
In his comments on the results of the first quarter, following last year's excellent performance, the President of LGS, Raymond Lafontaine, indicated that "this quarter represents a transition between information technology contracts which were very successfully delivered last year, and a new wave of key projects now starting, the impact of which on company income and profits will be better felt during the course of this year. " Over the past few months, the company has won several mandates, namely in the field of computer systems transformation for the Year 2000, as well as high technology areas such as data warehousing, computer networks and the Information Highway. "
LGS is investing in Y2000 work and I believe this will pay off shortly. And if they follow CGI (m.GIB.A - Montreal) and list on NASAQ), a double is the works.
<off topic> I see your point about Japan. Are you considering any investments in Korea or Vietnam. If so, through what vehicle?
Chris |
