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


To: john.d who wrote (962)1/13/2000 7:26:00 PM
From: micromike  Respond to of 1571
 
It is starting to get real ugly. Somebody must know some bad news and that could only be the insiders. If this keeps up and the company doesn't make a press release very shortly then I have to believe the quarter is going to be real ugly. This is starting to remind me of last year. 60 bucks 40 bucks 30 bucks then the press release. It bottomed out 19.50 then shored up at 22 bucks. I wonder were the bottom is going to end this time. Sure hope I'm wrong.

JMHO
Mike



To: john.d who wrote (962)1/13/2000 7:30:00 PM
From: PlayTheKing  Read Replies (1) | Respond to of 1571
 
john,

you would think that at these levels the shares would be snapped up quickly. i look back to the periods prior to bergeron and ask myself whether GAC is a better company today than it was, say in 1997/98?? the answer is a resounding YES!!!

as you indicated, there is still much work to be done around the JBA acquisition before we see the true synergies between these two companies. management is strong, but they need to be more forthright with analysts.

doug mentioned in an earlier conference call that one of his goals is to be more open with analysts...i cannot gauge whether this goal has been accomplished or not.

with SAP reporting spectacular results this month, propelling their shares by some 30%, i am certainly hoping that GAC can deliver that type of enthusiasm with their performance. like you, i still believe that we are still 2 or 3 quarters away to get integration related issues out of the way.

good luck!!

PlayTheKing

still long...