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

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To: robnhood who wrote (752)5/7/1999 10:42:00 PM
From: micromike  Read Replies (1) of 1571
 
Well if that's the case then they should hit the 50 cents or more for the quarter. The way the stock is trading the street doesn't give two hoots. I guess the Y2K fear is still keeping the share price down.

I am wondering tonight how the new president feels after releasing the buy back and cash on hand and the stock drops at the end of the day. Considering he holds 200000 shares I guess he is not too happy.

Unless I'm missing something here they should make the 50 cents and all the other similar software companies are making squat due to the Y2K problem. Is this what you could call a Rodney Dangerfield kind of stock. It gets no respect.

I wonder what they will have to do to turn the sediment around?
I guess he will have to make a press release to say he has bought 200k in shares. The way the street treats Geac it probably will drop like a rock. Now if the president is using a margin account it could get pretty ugly to get a margin call. Must be nice to own 5 mil dollars in stock when it's going up :-)

Have you heard what the other millionaire is doing -- Sadler. Way back when there was talk about him going to open text.

JMHO
Mike
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