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

To: SirVinny who wrote (1036)	3/1/1999 9:56:00 PM
From: claud_c	Respond to of 1673

Manifestly, two conflicting lines of thought share this thread: A) The hardcore believers who can still see CGI reach the hoped for summits, regardless of the market's direction. B) The impatient shareholders who, unless CGI stocks show some progress, will soon snap. To those of you in category A, I ask- what would be so dramatic, if CGI was to take a few steps back? (Exception rules for the poor soul that bought at $39.25) But October's fall was for some a true moneymaking opportunity (and isn't this the name of the game?). Was the company profile any different then? Not realy… If CGI were to materialize its US acquisition, how far would this take the stock price from its actual price level considering CGI's high P/E? Who knows?… But in a scenario where stocks were to be more price attractive, the Messiah could come again... Stock is having difficulty breaking from the 33-34$ mark and this is becoming irritating for many. In its past fall tradition CGI is feeding shareholders with poor media exposure, using the same old story on a different day, hoping this will give it a different twist. Asking shareholders to keep stock prices high is blundering and should be perceived as a sign of weakness. CGI's past success was built on its ability to deliver, note on religious hope. Could CGI still gain some ground? If CGI's media boys pull a big fat rabbit out of the hat…possible, if not…in my opinion, doubtful. So believers keep praying. Who knows…"GOD" just might hear you!.. To those of you in the growing B category, Vince, in which you seem to fall in. The rubber band of patience seems pretty stretched. If you and your friends have been on this train since May, I understand your concern. You took the scenic road to hell and back. Whether justified or not, the fear of seeing the story repeat itself is in the minds of many. One would prefer to leave with a scratch than to stay for an amputation. Although October lows seem unlikely, the mid 20 dollar range, as shared by some on this thread, is a possibility. The right time to buy or drop a stock is not an easy task; it is a question of personal comfort. So if you feel the waters are still quenching your thirst…then drink, but if you feel the well is dry…then it's time to dig a new hole… To A & B, best of luck