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: Sultan who wrote (1015)	2/4/2000 2:03:00 AM
From: PlayTheKing	Read Replies (3) \| Respond to of 1571

your points are valid and well taken!! the recent increases in dot.com and wireless stocks have dimmed the prospects of almost all other investments. why hold geac when you can buy RIM, or SW, etc. and double/triple your money in a matter of months. with the recent management change, the acquisitions over the past year, the y2k fiasco (nothing really did happen, except for the fact that i have extra canned goods and bottled water), inexperienced investors are no longer willing to ride it out with good quality stocks anymore. quick money is what most people want. i am taking small steps in buying back into Geac because i honestly believe that the street is wrong. that said, i am still a little cautious because i have been burned with this stock in the past thinking it cannot go any lower. i posted that i bought at 24.90, then again at 20.95, now trying to get in at 19.10; what next?? if this goes lower i'll likely take a breather to wait for Q3 figures to come out. this stock will take time to gap back up and much has to do with management getting their house in order. in terms of whether management should comment on the downward pressure of the share price? i don't think that is necessary as they have more to worry about than what investors think about the company's stock price...i wold much rather see management focus their efforts on making this company work so that the share price will move up on the company's merits. right now, the market is saying Geac has done little..but by reading your points i believe they have accomplished wonders. we shall see!!! PlayTheKing