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

To: Jean-Robert Grenier who wrote (458)	6/8/1998 1:13:00 AM
From: Sal Pugliese	Respond to of 1673

JR, I been with CGI for a while now, look at one of my comments ( Message 1959189 ) dated in 1997. I made money and still with CGI...but, I think it has grow too fast and I don't like that they buy shares on the open market for employee stock option plan. Therefore, I sold about 80% of CGI share in the $29 range...and I will not buy them back... I might play the option with them..but I will not buy the shares unless they are really attractive...Remember, a correction comes almost every summer in the month of June/July...and I don't want to lose what has accumulate to date... That's all...If you think it's great at this price...go ahead and buy...but the stock has become optionable and now the stock will start moving differently because of the options... SP