Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?

To: Thomas DeGagne who wrote (842)	7/28/1999 2:06:00 PM
From: micromike	Read Replies (1) \| Respond to of 1571

What do you think Bay Street's reaction will be to these scenarios? Well we saw it yesterday down $1.80. The stock has made a nice run from around $25 bucks so my guess is that there will be some profit taking. IMHO the offer will have to be raised considering there is two large owners Lazard Asset Management, which holds 12% and Specialist Computer Holdings, which holds 11.8%. The question is how much more will it take? I sure hope they can get this straightened out fast because uncertainty will cause major selling pressure as we saw yesterday and probably today and tomorrow and the day after that. If they pay more than the street expects we will get hammered any way so I guess we can have a slow decrease in price or else a fast one. JMHO Mike