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: micromike who wrote (976)	1/23/2000 11:19:00 PM
From: Sultan	Respond to of 1571

FWIW, I am not thinking of bailing but adding... Too early in the year to take a loss on this one since I don't expect a turn around in terms of growth till mid year or so.. So only question in my mind is should I be jumping in here.. Will keep watching and then decide...

To: micromike who wrote (976)	1/23/2000 11:36:00 PM
From: PlayTheKing	Read Replies (1) \| Respond to of 1571

fair comment... like i said, the street is very reluctant with geac until bergeron and company come out with something concrete. it's the classic "what have you done for me lately". another way to look at this sell-off is to assume that a number of stops are being triggered. many have bought in the $28-$32 range several months ago anticipating that something positive was coming along. when nothing did, the share price has steadily declined as investors became impatient. with last week's prices trading between $22-$25 that represents almost a 20% drop from previous levels. many investors set losses between 10%-20% and, IMO, we are beginning to see these losses being triggered. but then again, i may be completely off and you may be correct in your assessment!! bottom line...if results come in below expectations and the reason is because of the JBA acquisition i would expect a bloodbath. i have money on the sidelines ready to jump in if that is the case!! PlayTheKing