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


To: dragonden who wrote (841)11/21/1998 3:24:00 PM
From: Sili Investor  Respond to of 1673
 
It looks to me that the best case is somehwere around the $40 mark, coming in mid to late January. That would be after the first quarter results are released. I expect a $28 share price within a few weeks.

All my opinion, of course.

Sili



To: dragonden who wrote (841)11/21/1998 3:35:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 1673
 
The technical chart seems to indicate a potential of $70 by Jan. 1, 1999. However, this technical assumption is based on resuming the long standing bull that CGI was experiencing before August.

In my opinion, achieving the results that would have been achieved before CGI's correction in August is just not likely to happen. The chart does seem to indicate the this price may be reached later than Jan. 1, 99 however, which is a more likely scenario.

I no expert at this. This is all my opnion and is based on very limited technical reading capabilites. Someone please let me know if I am reading this chart right?

Sili