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

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To: SirVinny who wrote (1061)	3/7/1999 12:47:00 AM
From: Jean-Robert Grenier	Read Replies (1) of 1673

Hi SirVinny ! Thanks for your post, yes we had good vacation with the kids. I understand very well your frustration concerning the actual stagnation of CGI but since we are all back seat drivers there is not a lot we can do. Yes you can sell part of your position to find in short term more attractive Company's but witch one ? For myself I follow on a regular base a dozen of them and to be honest with you, it is hard to understand the fundamental of all of them. A strategy that I follow is to sell when I fell it's a good time and hold went I am not ready for it. For CGI, I will buy more shares this week because I believe it should not go lower than 30$ to 32$ and should be at 36$ to 38$ in a few weeks from now. This threat starts to show different opinions that are all good because it reflect various positions and issues. A month ago we could read a lot of concerns regarding people leaving CGI Group and after discussion with people working there the concern is real but in the same time CGI cant keep all their VP and Director for ever. They are in a process of expanding their business field and it is normal to see people leaving. The management have to be careful with that issue and have to invest more in communication with their <<collaborateur >> like they call them. More the staff will feel that the management is listening to their ambition and ideas more the staff will stay. I am with you regarding the potential of insurance field because they did it before with Teleglobe. Does CGI have to do something in a near future to keep the interest of investors like you and I , I am not sure ! As long as they make good decision at the right time that's more important to me. Au revoir Jean-Robert

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