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

To: Sal Pugliese who wrote (966)	1/30/1999 1:16:00 PM
From: Greg R	Read Replies (1) \| Respond to of 1673

Sal - I've kept my mouth shut because people do not like negative comments on these threads. I too had got caught up in the desire to see this stock reach its destiny ASAP and did not want to see what was about to happen. (Fortunately I snapped out of it in time). Based upon the very bearish attitude of the stock (climbing the Lower-Boundary line of the previous bull-set - I know this sounds like an oxymoron to say climbing a bull is bearish, but you have to know INPATHIQUE - its the way it was climbing the bull that was bearish) I cashed in my long positions the day before the annual meeting on anticipation of a small bear trend and bought as many puts as I could justify. Sorry to everyone that hates that word "puts" Your comments about the mutual funds buying in shortly with the influx of RRSP money is reasonable. My INPATHIQUE chart shows the low being mid February. I am not making investment recommendations, but IF I still held GIB.a stock, I would question the wisdom of selling as I see the price being back up to where it is today by early April (inroute to the great things we were expecting). Unless of course you have a charting method to help guide the timing of your short term buy/sell investment decisions. Greg

To: Sal Pugliese who wrote (966)	2/2/1999 6:57:00 PM
From: claud_c	Read Replies (1) \| Respond to of 1673

Sal, I've just recently joined the SI discussion group, but I've been following postings on this thread as a passive reader since June. The CGI saga has kept me reading your comments and others with great interest. I find Gregg R's views on INPATHIQUE quite stimulating. My knowledge of this divinatory science is absent but I can still value its above-average accuracy. The CGI nail-biting ride has shown it all. Daily announcements last spring into summer, splits, acquisitions, outstanding reports followed by fall's hellish ride. CGI's mutism during the storm did not help the troop's morale but finally hope returned in December with rumors of a US acquisition and a possible split. Serge Godin did not deliver the merchandise at CGI's annual meeting and it seems that this may have forced this train to come to a brutal halt. How do you interpret this? Wounds from fall's setback are still fresh for many and risk tolerance levels are thinner today. Is CGI victim of investor impatience? Was the recent run a quick fix for fast trade investors who are now bailing out? Some rumors say that low priced CGI stocks would facilitate an acquisition deal in the US. If this were true, wouldn't this be a good enough reason to hang on? Regards, Claud_C