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Gold/Mining/Energy : GEAC - A New Era? -- Ignore unavailable to you. Want to Upgrade?

To: Sultan who wrote (278)	2/1/2005 2:48:28 PM
From: Sig	Read Replies (1) \| Respond to of 330

Sultan: The only thing I can think of to cause this change in price is a potential buy-out offer from a software company, maybe even Msft? In what region would that be? Maybe $10 US ? Geac does have some very important and well treated customers, and a very low P/E. Sig

To: Sultan who wrote (278)	2/1/2005 6:26:15 PM
From: micromike	Read Replies (1) \| Respond to of 330

Something is definitely up and I don't think it is the share buy back. Another 52 week high in both exchanges with huge volume on the TSE and a very large one day gain which I can't even recall when the last time I saw such a gain. All I can do is speculate since there is no news out for over a month now. Jan. 31 Q3 is in the books. Maybe software sales are increasing. We won't know till the first week of March when they report Q3. The street is starting to believe in Geac and is giving them a higher multiple or Somebody is looking to buy them out. Take your pick. I'm kind of leaning towards software sales are increasing. Q3 is the quarter that they renew a lot of contracts so maybe the renewals came through and didn't lose any. Mike