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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?


To: AChan who wrote (714)4/21/1999 8:09:00 AM
From: micromike  Respond to of 1571
 
I haven't heard of anything but at least it rebounded yesterday at the close which hopefully we have run out of panic sellers. I bought some at the closing price. If the selling keeps up then somebody knows there is bad earnigs but if it rebounds in the next week then it is just general fear of the unknown.

JMHO
Mike



To: AChan who wrote (714)4/21/1999 6:02:00 PM
From: micromike  Read Replies (1) | Respond to of 1571
 
Heavy selling again today. There is no news out other then the quarter ends in Apr some time. I don't know exactly what date but it ends in April. Maybe the insiders know that the Apr. quarter is not good and are selling. On the other hand I don't follow any similar software companies that have reported lately. Maybe they are reporting weak EPS and this is pulling Geac down.
The problem now is that Geac doesn't report till July so what date would you think they would warn if EPS are going to be weak.
Unless they announce a major purchase fairly soon it looks like no bounce for Geac and it will probably trade in the low $20.

I wonder what rrman has to say.

JMHO
Mike