Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: micromike who wrote (356)	7/7/1998 11:41:00 PM
From: Superman	Read Replies (3) \| Respond to of 1571

Hi Folks I wonder if anyone caught the following; 1) Decreased Revenue: 3rd Qtr 98 Rev $174 Mil vs. 4th Qtr 98 Rev $167.8 Mil 2)Regarding the comment on the 4th quarter report: "It should be noted however that some of the circumstances and activities that contributed to the fourth quarter net income peak, such as exceptionally favourable taxes and the last part of the financial clean up in the Dun and Bradstreet acquisition are now behind Geac." Apparently Geac's tax rate has been only approximately 14% of income before taxes. A quick looksee at some other companies tax rates for comparison shows tax rates of approximately 31% minimum. Does this mean Geac will be paying at least double in taxes what it has paid in the recent past? And now that the financial clean in the D&B acquisition is behind Geac, exactly how will this impact revenue and income? Just my 2 cents. Anyone care to comment on these aspects? Superman