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


To: Jean-Robert Grenier who wrote (681)9/1/1998 10:46:00 PM
From: Sili Investor  Read Replies (2) | Respond to of 1673
 
What is needed now is some good news, press releases showing CGI has new business. Those of little faith have been bailing out and CGI now needs to provide good news to investors to stop the panic. Maybe the news about that new contract with Bell would help. How about some new contracts with other BCE family?

On the financial side, we should assume that CGI will grow by 15-20% in coming year, putting revenues around $1.3B. That's not counting any acquisitions or substantial contracts from BCE family.

I still believe CGI's future is very bright. Unfortunately, without news the investment community will continue to look for ways out rather than seeing CGI as one of the few solid investments through turbulent times. Remember what Serge Godin said at last annual meeting - whether economy is good or bad, there are compelling reasons why a company would want to outsource and CGI is the largest in Canada!

Going Sili (in this investment environment)!