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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: P. Ramamoorthy who wrote (12544)	7/31/1998 12:16:00 PM
From: BM	Respond to of 13949

CGI Signs Full Outsourcing Contract With U.S.-Based Insurance Company JULY 31, 1998 MONTREAL, QUEBEC--CGI and Long Island, N.Y.-based Interboro Mutual Indemnity Insurance Company today announced the signing of an outsourcing agreement according to which CGI will provide Interboro with a full range of business solutions and outsourcing services. CGI expects the agreement to generate revenue of approximately CDN$16 million over its ten-year term. "Interboro was seeking to renew and broaden its portfolio of property and casualty insurance products based on advanced technology, in order to strengthen its competitive advantage," said Interboro Chairman of the Board and President Andrew E. Festa. "By providing new and enhanced products and technologically advanced solutions through the Internet to our agents and brokers which comprise our distribution channel, Interboro is well positioned to meet their challenges of the future." Jean Brassard, CGI's President and COO, added: "We are pleased that Interboro chose us to support them as they leverage technology to strengthen their competitive advantage. CGI and its U.S. subsidiary ISI Systems have the resources and infrastructure to meet all of Interboro's IT and insurance needs." As part of the agreement, in which several Interboro employees will join the ranks of ISI Systems, CGI will provide its client with a new suite of applications and IT engineering services and help in implementing these business solutions. Interboro Mutual Indemnity Insurance Company is a property and casualty insurance company focusing on the automobile and homeowner insurance markets in New York state. CGI is the largest independent information technology consulting firm in Canada and the sixth largest in North America. It provides end-to-end IT services and business solutions to some 2,000 clients in Canada, the United States and in 20 countries around the world. CGI has more than 7,500 professionals, an annualized revenue-run rate of more than $1.1 billion and an order backlog totalling approximately $6 billion. CGI's shares (GIB.A) are included in The Toronto Stock Exchange's TSE 300 Composite and TSE 200 indexes. Website address: www.cgi.ca.

To: P. Ramamoorthy who wrote (12544)	7/31/1998 12:17:00 PM
From: saief	Read Replies (1) \| Respond to of 13949

what do they put in water in washington D.C Do they understand H1-B workers are part of process which brings technological leadership USA enjoys today.

To: P. Ramamoorthy who wrote (12544)	8/3/1998 9:24:00 AM
From: flatsville	Read Replies (4) \| Respond to of 13949

Ram-- Just heard the first "serious" discussion of y2k on CNBC this morning. Michael Fitzgerald, the bow tied fund manager of Fitzgerald Capital Asset Management, explained on "Squak Box" how his fund plans to make out big time with companies such as Dell and Intel because many companies will ultimately opt for replacement of systems. (Actually predicted Intel would be at $125 within 12 mos.) He discussed problems with medical devices, low end production equipment and mentioned military hardware and satellite communication. Of course no mention of any y2k/IT companies. More importantly no snickering, moronic comments or talk of ammo and sterno. My how one congressional hearing followed by one D.C. newspaper article can change the tenor of the conversation seemingly overnight. "flatsville"