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

To: Greg R who wrote (571)	7/23/1998 12:46:00 PM
From: BM	Respond to of 1673

Greg, how are CGI's customers not going to be ready when CGI is the outfit managing their information systems, and in some cases, being paid also to make them Y2K compliant? 85% of CGI's revenue is now based on managing companies' IT infrastructure - primarily this means operating client data processing centres and "keeping the lights on". Clearly, clients such as Bell Canada, Canadian credit unions, Westburnne etc are not going to close down their computer operations and start doing thing by hand. This high-growth, very low risk dimension is one of the main reasons that investors who understand the business are willing to keep buying into this company.