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

To: Sal Pugliese who wrote (680)9/1/1998 10:31:00 PM
From: Jean-Robert Grenier  Read Replies (1) | Respond to of 1673
 
Hi Sal !

At 26.80 I sold 50% of my position. To see CGI back to his last summit, it will have to improve and increase his profitability to 6%. This should be done I hope in the next 6 months. Their multiple are still too high. We should expect P/E around 35 . Don't forget a lot of small investors bought around 33$.

Au revoir
Jean-Robert


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