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


To: Ally who wrote (300)6/23/2005 12:46:29 AM
From: Sultan  Respond to of 330
 
Personally I would like to see a meaningful reduction of s/o..

Any one heard the CC yet ?



To: Ally who wrote (300)6/23/2005 1:44:04 AM
From: Sultan  Read Replies (1) | Respond to of 330
 
Listened to the CC.. Tone was more confident then previous CC even though as usual they have a lot of disclaimers.. Qtr 1 of next year will be seasonally weak as usual..



To: Ally who wrote (300)6/23/2005 6:55:47 AM
From: Sig  Respond to of 330
 
Lots of factors that could improve the price of Geac.

1.I keep remembering the 4(?) Canadian entrepreneurs that stepped in and saved the company by buying mm's of shares at $2/sh and became board members.
Not often one can make over 300% and still be invested in a viable company, so they may have found a home here and will keep some of the stock.

2, The P/E of 9+ is rare and could trigger some buying.

3. The very few people who post here own more shares than are traded in GEAC on a average day. Thats a guess but I own twice what is traded on some days.
Much more is traded under Gac.to but it still does not seem to be a widely traded stock in the US.

Geac could do better when it becomes better known.

Altogether Geac has more positive factors than negatives and I see no reason for it to go down from here.

Sig