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

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To: SirVinny who wrote (1128)4/2/1999 3:41:00 PM
From: Bruno Riccio  Read Replies (2) of 1673
 

Hi SirV.
This is what the story is according to some people on the BII thread.

BII should see new highs this week...a Nasdaq listing in the next couple of weeks should drive the stock to $30+ CDN in the next month.
There is always a chance that a Nasdaq National listing could drive the stock well over $50 CDN very quickly. Priceline.com IPO this week gave that company a market value of over $11 billion US. The same valuation for BII (a more promising company IMO) would be over $300 CDN...pretty good risk/reward IMO.
Good Luck

As far as the date on Nasdaq it is about correct, filing was some time in early Feb, should take approx. 60 days from then therefore mid April is when it should hit Nasdaq if everything is in line with requirements, not too familiar with what is entailed in the process.

As far as price it could be both ways, could go sky high or no effect, but it will definitely give it greater exposure and US buyers coming in should do nothing but good for BII.

Lets hope it follows EBAY's foot steps or gets taken over by Ebay $60-$100, dreaming does not cost anything.

My money is on CGI to make me retire though.
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