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


To: David M. Lomow who wrote (397)5/20/1998 6:32:00 PM
From: toccodolce  Read Replies (3) | Respond to of 1673
 
HI David!

Is that $60 price based on pre-split or post-split?

Tom...



To: David M. Lomow who wrote (397)5/25/1998 12:19:00 AM
From: BM  Read Replies (1) | Respond to of 1673
 
Imagine that!

David, you mentioned Midland Walwyn. A week ago Saturday, the Globe & Mail carried its usual column by Dunnery Best, a Senior VP at MW.

The article was on stock splits and was quite interesting. Best concluded with ".. Stock splits are one of the greatest delights of investing. Consider Bombardier, one of Quebec's greatest success stories. One share bought at the beginning of the decade will shortly become eight thanks to splits in 1992, 1995 and later this summer. One rule of successful investing is to stick with the winners. Stock splits are a good score card."

So one Bombardier share bought in 1990 will become eight shares, eight years later. Imagine that! As excellent a company as Bombardier is (and I do believe that it is), perhaps we should tell Mr. Best that CGI Group has done the same thing in only eight months. Perhaps another example of how out-of-touch Toronto and Bay Street is with technology in general, and CGI in particular.