RE: Is JBA for sell?

[Anthony Ilutzi <ailutzi@xxxxxxxxxxxxx>]

There is substantially more coverage of Geac in the Canadian media than the
US
A good place is to go is http://www.globeinvestor.com/ and type in GAC -
Geac's symbol.
There will be a list of articles of interest.

For instance:
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http://www.globeinvestor.com/servlet/WireFeedRedirect?slug=RGEAC&date=200103
14&archive=gam&cf=GlobeInvestor/config
Geac takes big charge in third quarter
Showwei Chu
02:24 GMT-05:00 Wednesday, March 14, 2001
Struggling Geac Computer Corp. Ltd. said yesterday that it took a
$211.4-million charge in the third quarter, the bulk of it for
underperforming unit JBA Holdings PLC.

In the three months ended Jan. 31, Toronto-based Geac took a one-time
writedown of $196-million for JBA Holdings of Britain, which the software
company bought for about $205.5-million in September, 1999......
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that is Canadian Dollars. Do that math and JBA isn't worth much now 

tony Ilutzi

-----Original Message-----
From: Dan Thomas [mailto:DThomas@lpw-mdi.com]
Sent: Wednesday, April 04, 2001 3:34 PM
To: 'JBAUSERS-L@midrange.com'
Subject: Is JBA for sell?


Many of you probably noticed that Geac is planning more cutbacks.
http://computerworld.com/cwi/story/0%2C1199%2CNAV47_STO59029_NLTpm%2C00.html
I'm wondering what anyone is hearing whether System 21 will stay with Geac
or have a new owner.  I would also be interested in comments (public or
private) from anyone that has gone through maintenance fee renewals after
being on one of JBA's famous 5 year prepaid maintenance deals where
maintenance "free" and the software "price" was increased.

Dan Thomas
Sr. VP Information Systems
MDI
4500 Progress Blvd.
Louisville, KY  40218-5058
Phone (502) 454-9013 ext. 120
www.mdiweb.com

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