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


To: Steven Erickson who wrote (217)3/6/1998 10:15:00 PM
From: Sans Souci  Read Replies (1) | Respond to of 1571
 
NEWS ARTICLE (Mar-6-98): "Geac Computer shrs up on earnings revision"

Reuters Story - March 06, 1998 17:54

TORONTO, March 6 (Reuters) - Geac Computer Corp Ltd shares
rose in active trade on Friday after ScotiaMcLeod Inc analyst
Cheryl Nesbitt bumped her third quarter earnings estimate for
the company to C$0.80 per share from C$0.77.
ScotiaMcLeod confirmed that Nesbitt's fiscal 1998 estimate
for Geac had increased to C$2.58 from C$2.55.
Tera Capital portfolio manager Duncan Stewart said market
watchers were expecting anywhere from C$0.70 to C$0.90 per
share from Geac. Geac will report its results for the third
quarter, ending January 31, on Tuesday.
The stock was up C$1.80 at a 52-week high of C$60.20 in
trade of 309,953 shares, down from a session high of C$60.50.