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


To: Doughboy who wrote (438)7/30/1998 10:08:00 AM
From: Stew  Respond to of 1571
 
I guess you need a broker with access to the TSE (???) Thanks for the info.



To: Doughboy who wrote (438)7/30/1998 10:49:00 AM
From: micromike  Read Replies (1) | Respond to of 1571
 
He also said that GEAC had plans to list soon on the New York Stock Exchange

This is new news to me about a NYSE listing. I thought they were after a NASDAQ listing.

Corporate HQ is in Toronto and they are a CDN company with world wide sales so I don't think they plan on delisting from the TSE.

Are we talking about the same company?
geac.com

A very large block trade early this morning.

Mike



To: Doughboy who wrote (438)8/2/1998 9:07:00 AM
From: Mike K  Read Replies (1) | Respond to of 1571
 
< When they eventually do list on the
NYSE will it be as an ADR, or will they completely de-list themselves on the TSE? What do people think of the
opportunities to be exploited by buying GEAC in anticipation of the stock soaring when it is exposed to the big
mutual fund money in the US? >

When GAC does list in the US, it will not be an ADR. There are many
Canadian companies whose shares are listed on US exchanges. Also several US mutual funds own GAC now! A US listing does not guarantee that the stock will soar. Look at the fundamentals. It is a good solid company and a long term investment.

You should be able to buy GAC shares through many US brokerages. Try
Pru, Mer of Pw.