Michael SmedleyLogibec Groupe InformatiqueLGI.TOHOLDMay 27, 2010

OMERS have made an offer of over $200 million for this software company. Stock has been rising quite a bit recently.

Michael Smedley

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$25.76

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Business Services

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(A Top Pick May 14/10. Up 16.07%.) Acquired by OMERS

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Montreal-based and does medical software throughout North America. Very high return on capital and high profit margins. 7000 clients such as HMOs in US and regional health authorities in Canada. Completely absorbed a big acquisition about 2 years ago and I'm now ready to make another acquisition. Good free cash flow.

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Michael SmedleyLogibec Groupe InformatiqueLGI.TOHOLDMay 27, 2010

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