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


To: Ally who wrote (1511)1/26/2001 4:04:38 PM
From: Herb Duncan  Respond to of 1571
 
If you check their history they were on the scrap heap once before, recover and went to 60 plus, dollars. In my books that aint bad. Can history repeat itself??



To: Ally who wrote (1511)1/26/2001 8:05:23 PM
From: micromike  Read Replies (1) | Respond to of 1571
 
I never thought that they were terminal. They have a customer base that is worth something. Now the million dollar question is how much is the customer base worth?
The share prices seems to indicate that either there is going to be a buyout or they are finally generating some positive EPS.
Considering SAP had a nice quarter my guess is that the insiders once again know that the quarter coming out is going to be good and have told all their buds to load up.

JMHO
Mike.



To: Ally who wrote (1511)2/1/2001 9:45:09 PM
From: micromike  Read Replies (2) | Respond to of 1571
 
Well I new something was up with all the activity in the stock. I guess more to come Feb 15.

GEAC Repays U.S. $12 Million To Banking Syndicate
-- Discussion Period Extended
biz.yahoo.com

The cash position of the Company improved substantially during the third quarter primarily due to maintenance contract renewals, which are seasonally higher during this period, as well as the impact of the cost reduction program effected during the second quarter,'' said John E. Caldwell, President and Chief Executive Officer.