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Non-Tech : Le coin des francophones -- Ignore unavailable to you. Want to Upgrade?

To: MICHEL GUIBERT who wrote (11072)	1/17/2000 10:38:00 AM
From: Jean East	Respond to of 77509

GS Group Inc - Globe says merger speculation lifts Cognicase LGS Group Inc LGS.A Shares issued 9,973,439 2000-01-14 close $9.55 Monday Jan 17 2000 See Cognicase Inc (COG) In the News The Globe and Mail reports in its Saturday, Jan. 15, edition that Cognicase advanced 26 per cent Friday on speculation that it is merging with LGS Group. The Globe says both companies deny they are in talks. Cognicase says it cannot explain Friday's runup in the stock. Analysts attributed the increase to rumours in the market that Cognicase might be taken over, or could be planning a financing to make more acquisitions. Cognicase says it is not for sale. LGS says rumours of a merger between it and Cognicase are unfounded. LGS, however, would not rule out a future transaction between the two companies. Unnamed analysts say CGI Group is a logical suitor. All three companies provide technology services to businesses, says The Globe. CGI says it does not comment on rumours. First Albany analyst Damon Rinaldi says the surge in Cognicase's share price may not be related to takeover speculation. He says Cognicase has successfully made the transition from a Y2K company to an IT company and that the share price increase was long overdue. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)