SI
SI
discoversearch

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


To: NICVIC who wrote (553)7/22/1998 12:27:00 PM
From: Denim  Respond to of 1673
 
Hi Frank, i don't know Jetcom but if you're looking for a Y2K solution provider, i think you'd do a mistake to compare it with CGI.

CGI is a lot more than Y2K. My opinion.

Cheers.
Denim



To: NICVIC who wrote (553)7/22/1998 12:36:00 PM
From: Clive H.  Read Replies (2) | Respond to of 1673
 
I would not invest in CGI because of their Y2K involvement. That is just noise for them. The real future of this company is in major outsourcing contracts and long term relationships with important clients.

I would also be very careful investing in companies that are mainly focused on Y2K. What will happen to them after the millenium bug is fixed? There are going to be a lot of COBOL programmers looking for work.



To: NICVIC who wrote (553)7/23/1998 11:53:00 AM
From: BM  Respond to of 1673
 
Thanks Frank but I now automatically pass on any stock that is either being touted by a free Internet newsletter, or that trades over the counter on the CDN. Since Jetcom is both, it doesn't pass my basic screen, regardless of whatever real merits it might have (which I haven't examined).

Overall the speculative markets haven't been doing very well. For those interested nonetheless, here's an interesting view received yesterday from a different writer -

"Some think it will take a new generation of investors and companies to re-ignite the glory days of speculation. No one is going to wait around for that to happen, if it ever does. What we have today is a new breed of investor. A hard-nosed investor that won't jump at the mention of a company by some happy-faced, option-greased newsletter writer. Investors of the early 90's have been fleeced enough to realize their strategy must change. The trigger happy, pre-open market order days have been wiped away by the tens of millions of dollars lost in over-zealous speculations.

All of this is bad news for crooked insiders and promoters waiting to unload their bag of tricks onto "fresh investors". They are now busy plotting a more sophisticated method of promotion. A method that they hope will take the money out of your pockets and into theirs. One thing is certain, it definately won't be as easy as it was a decade ago."