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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: AChan who wrote (714)4/21/1999 6:02:00 PM
From: micromike  Read Replies (1) of 1571
 
Heavy selling again today. There is no news out other then the quarter ends in Apr some time. I don't know exactly what date but it ends in April. Maybe the insiders know that the Apr. quarter is not good and are selling. On the other hand I don't follow any similar software companies that have reported lately. Maybe they are reporting weak EPS and this is pulling Geac down.
The problem now is that Geac doesn't report till July so what date would you think they would warn if EPS are going to be weak.
Unless they announce a major purchase fairly soon it looks like no bounce for Geac and it will probably trade in the low $20.

I wonder what rrman has to say.

JMHO
Mike
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