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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions -- Ignore unavailable to you. Want to Upgrade?

To: uel_Dave who wrote (682)	10/18/1999 9:03:00 AM
From: BGraham	Read Replies (1) \| Respond to of 843

David: You said in the previous post... " They now must use their line of credit which will push the stock price down farther." I would tend to disagree with your conclusion. investdb.theglobeandmail.com This link indicates a current DEBT/EQUITY ratio for COG of only 0.07. In other words they are practically debt free. I would think there is an amount of debt which might even prove advantageous to the stock price rather than detrimental. I have relied on the above link for the debt /equity figure and qualify my remarks based on the fact that this may or may not be up to date, I don't have a recent annual report to verify.