Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sili Investor who wrote (1150)	4/10/1999 11:08:00 AM
From: Sal Pugliese	Respond to of 1673

I guess we will have to wait and see...It's too bad this news came out when the overall market was down...It would have probably closed much higher if it was a day like Thursday... But, this news will hit the papers today and cause some more buying on this news on Monday... Should be an interesting two week coming prior to the quarterly results... Good investing...Sal

To: Sili Investor who wrote (1150)	4/11/1999 9:35:00 AM
From: Sal Pugliese	Read Replies (1) \| Respond to of 1673

My prediction on CGI's end Quarter is, revenue will increase at least 300% compared to last year and net earnings over 350%...Also the stock price with appreciate at least 50% from these levels by End of April or 1st week of May... Note: CGI's market cap is only $3.7 billion...US stocks in this category trade at 5 times earnings (but, US companies current margins are better...CGI margins are increasing every quarter...) Also, one other note: Canadian dollar against US dollar has increased 3.5% since last quarter, therefore net earnings will look better in US figures... Remember CGI also trades on NYSE...Therefore we should see a few more of these biz.yahoo.com Good investing...Sal P.S. with their new acquisition, CGI will have 10,000 employees...That means more employees in the stock option plan and more demand for CGI stock...