To: airborn who wrote (1553 ) 1/26/2000 12:20:00 PM From: airborn Read Replies (1) | Respond to of 1673
Everyone seem's to bailing out of this stock today, what is that old saying buy low, "TODAY", sell high, "THE NEAR FUTURE!" INVESTMENT PROFILE CGI is the largest independent information technology services provider in Canada and the fifth largest in North America, based on its annual revenue run-rate of CDN$1.5 billion (US$1 billion). Its backlog currently stands at more than CDN$7.5 billion (US$5 billion). CGI has 10,000 professionals and provides end-to-end information technology services and business solutions to approximately 2,500 clients. CGI has operations in Canada, the United States and Europe, and offices in 23 other countries. Through a balance of internal and external growth, CGI has become one of the fastest growing IT services companies in North America. GROWTH STRATEGY Backlog generator: Emphasize large scale, long term IT outsourcing contracts which provide secure revenue growth and earnings stability for three to 10 years and are renewable. CGI places particular emphasis on high value added, strategic IT services and solutions which have embedded growth potential as CGI partners with clients to meet their evolving IT services needs. Strategic acquisitions: Gain complementary strengths, new markets and critical mass in targeted economic sectors. All acquisitions are to be immediately accretive to earnings. Focus on niche economic sectors: In Canada and the U.S., CGI focuses on five sectors where it has developed specialized knowledge; in the U.K., it focuses on financial services and telecommunications which are the two sectors making the largest investment in IT; outside North America and Europe it focuses on the telecommunications sector. ISO 9001 certified practices: Quality management frameworks ensure consistent delivery on time and on budget and provide the foundation for a professional culture focused on continuous improvement. International expansion: Through acquisitions, its alliance with Bell Canada and organic growth, CGI is increasing its international business. CGI is committed to becoming a world champion in IT services. STRONG TRACK RECORD (all figures in Canadian dollars, unless otherwise indicated)