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


To: fruzfreak who wrote (871)9/4/1999 11:13:00 PM
From: PlayTheKing  Respond to of 1571
 
I agree.

Shorting GAC at this stage would not be prudent given the positives going for it right now.

However, the street has been "burned" by GAC in the past and it is for this reason that you see a more conservative 12-month target price.

Let's get real, $45 for GAC?? 6 months ago most analysts were predicting $60-$80 for this stock...that's almost a 40% discount from where it was. I would also add that "fundamentally" this company is in a better position than it was prior to the Asian crisis back in 1997: more cash, steady earnings, better management, aggressive CEO.

I am confident that Bergeron will be taking us to levels not seen since 1997.

JMHO

PlayTheKing



To: fruzfreak who wrote (871)9/5/1999 11:02:00 PM
From: micromike  Read Replies (1) | Respond to of 1571
 
* 2 nice acquisitions (great synergy with JBA)

JBA isn't a done deal yet. If by chance they don't get them I have have a funny feeling the street will react with a sharp price drop but the way the stock is acting lately it sure looks like the deal will happen.
Here is a interesting read.

AremisSoft: Y2K Slowdown? What Y2K Slowdown?
fnews.yahoo.com
AremisSoft is a supplier of enterprise application software to the manufacturing (33% of revenue),hospitality (27%), healthcare (31%), and construction markets (9%). "The fact that AremisSoft has several products in several markets and is not dependent upon one product in a vertical market is a definite advantage," adds Poyiadjis.

Obviously, two executives who purchased over 200,000 shares in the open market since July at prices ranging from $4.50 to $5.13 per share look smart.


Let see now. Bergeron purchased 200k at $27- 28 buck range. Could we see 54 -56 bucks in the near future :-).

JMHO
Mike