Critics and criticism

I've been heavily criticized during the past few days on this transaction, market analysts say that CGI is unable to grow and has to purchase competitors at a premium in order to become a larger company. Some speculate that this acquisition has been done for the sole purpose of increasing our share price for an upcoming acquisition. Some even speculate that I came from an alternate universe with an agenda to overthrow the universe-as-we-know-it.

Here's what a blogger had to say about us.

Though the stock has been performing pretty well recently, I believe we are fast getting to the “sell” point. CGI has been very good at controlling expenses to drive profit. This stands to reason since CGI’s CEO really is a COO. However, at some point, you reach the limit of what can be cut out of the expense base. CGI is reaching that point. It is time for CGI to deliver some solid organic revenue growth – especially in the commercial sector in the U.S. In many ways, CGI in the U.S. resembles the old AMS organization in that it’s solid in government but totally sucks in the commercial market. That shouldn’t be surprising as the U.S. management team is pretty much exclusively old AMS. As such, they don’t have a good grasp on what it takes to win large long-term managed services (i.e., outsourcing) agreements. As I understand it, CGI’s best outsourcing executive in the U.S. left the company several years ago and the effect has been striking; CGI has become a total non-factor which is verified by CGI’s results in the U.S. commercial outsourcing space. CGI needs to invest in rebuilding the capability to once again become a player in the outsourcing market to drive long term organic revenue growth. The question is whether the COO (sorry, CEO) will sacrifice some short term profit for long term growth. I don't hold much hope for that. So, maybe it's time to sell?

Dude, this hurts.