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


To: PlayTheKing who wrote (1354)7/31/2000 12:26:25 AM
From: BlueIce  Respond to of 1571
 
If this stock touches $6.00, I'd probably take an initial position in it, provided I have the cash at the time. There are a lot of stocks worth looking at right now, so it's tough to spread the investment cash around to all of them. On most days, I only hold half a dozen stocks, so it becomes a question of whether GAC is attractive enough for inclusion in my top 6. At $6.00, it might look attractive. If it can bounce around and reach $8.00 during one of those bounces, that's a 33% gain that I'll gladly accept.



To: PlayTheKing who wrote (1354)8/3/2000 4:43:50 PM
From: Ally  Read Replies (2) | Respond to of 1571
 
Yorkton upgrade from hold to accumulate

Your comment about analysts being confused over this stock is perhaps demonstrated by Yorkton upgrading this week the stock from hold to accumulate. Only a month ago, the same analyst downgraded the stock. It is now felt that the stock has been overly beaten down... due to sentiment and fear, rather than based on fundamentals.

No doubt, Geac is going through Y2K slowdown woes. But, there's no good reason (other than dumpthelackies hating Bergeron) for valuation to be at 50% discount to instrinsic value. With no debt, and over 1000 customers using its software, the current woes would not be permanent.