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

To: Luc Glinas who wrote (856)	11/24/1998 10:52:00 AM
From: Sal Pugliese	Read Replies (1) \| Respond to of 1673

It's looking good for CGI again...I remember someone/report mentioning that similar companies in the US trade at 5 x Revenue. Now, that CGI trades on the NYSE it should fall in the same category. With a backlog of $6.5 billion and a revenue run rate of $1.3 billion, according to similar US companies their market cap should be 5 x $1.3 billion or $6.5...with 120 million shares o/s, that gives us a price in the $50 CDN range....would be nice to see this by years end... Good Luck...Sal P.S. the latest quarter will included Bell Sygma also...would be nice if the stock splits like it did last year at about this time....