CGI Group (GIB.A) - Message Board

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

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To: The Coz who wrote (1034)	3/2/1999 12:07:00 AM
From: SirVinny	Read Replies (2) of 1673

$100 MM / year contract over 10 years. And the stock moves $0.15????? What the .... is going on ???? There is something definitely wrong here. I"ve seen companies announce $5 MM contracts and watch their stocks increase $2-$3 in one day on volume of more than 1 million shares. Are we missing something here? My guess is that unfortunately this stock is thinly held. Too few investors holding too many shares. (Bell Canada and BCE now own 45% of shares). It is my understanding that BCE is looking at acquiring greater ownership of this company over the next few years. If there is any truth to this, it possibly explains why the price is maintained at suspiciously low levels. It also explains the considerable lack of PR we are getting from the company. Like I said previously, I have never seen a company attain this level of success yet maintain such a low profile. Any thoughts out there? SirVinny

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