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Gold/Mining/Energy : CGI Group (GIB.A) - -- Ignore unavailable to you. Want to Upgrade?

To: Jean-Robert Grenier who wrote (237)	1/31/1998 6:03:00 PM
From: BM	Read Replies (1) \| Respond to of 1673

Excellent call on the price J-R, it's a talent that I envy. As for Nesbitt Burns projections, here's one from June 9 Message 1560457 when N-B had a recommendation to take profits when the stock was at $7.50 (adjusted for splits). In the past, every time an analyst has set a target, CGI has blown past it in a fraction of the projected time frame. The latest I'm aware of is Scotia Capital Market's 12-month target of $26 (adjusted for December split) last November. As we now know, just 2-3 months later we are over $30. My strategy with this stock is simple - just put the shares away in RRSPs, ignore the short term fluctuations and enjoy the unfolding story as CGI becomes a global blue-chip company over the next decades. We'll then look fondly on the good old days when very few of us were lucky enough to participate in this marvelous growth story. As for my use of a pseudonym - it's quite simple. I'm in the IT business and though I don't deal professionally with any of the companies I follow on SI at present, it's not an impossibility in the future. Unlikely as it might be, I prefer to avoid all potential perceived conflicts of interest, just in case.