<SUBMISSION>
<ACCESSION-NUMBER>0000829323-03-000009
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20030922
<FILING-DATE>20030926
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>WALSH PATRICK W JR
<CIK>0001264779
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>033-19980-D
<FILM-NUMBER>03911251
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>300 N MANNHEIM ROAD
<CITY>HILLSIDE
<STATE>IL
<ZIP>60201
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>CGI HOLDING CORP
<CIK>0000829323
<ASSIGNED-SIC>8731
<IRS-NUMBER>870450450
<STATE-OF-INCORPORATION>NV
<FISCAL-YEAR-END>0930
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>300 N MANNHEIM
<CITY>HILLSIDE
<STATE>IL
<ZIP>60162
<PHONE>7083570900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>300 N MANNHEIM
<CITY>HILLSIDE
<STATE>IL
<ZIP>60162
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>GEMSTAR ENTERPRISES INC
<DATE-CHANGED>19920703
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>NORTH STAR PETROLEUM INC
<DATE-CHANGED>19900530
</FORMER-COMPANY>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>cgiform46_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-09-22</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000829323</issuerCik>
        <issuerName>CGI HOLDING CORP</issuerName>
        <issuerTradingSymbol>cgih</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001264779</rptOwnerCik>
            <rptOwnerName>WALSH PATRICK W JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>300 N MANNHEIM ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HILLSIDE</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
      </reportingOwnerRelationship>
   </reportingOwner>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Warrants to purchase Common Stock, $.001 par value</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>.13</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-09-22</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>200000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0.00</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2003-09-22</value>
      </exerciseDate>
      <expirationDate>
         <value>2013-07-31</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock, $.001 par value</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>200000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>200000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <ownerSignature>
      <signatureName>Patrick Walsh</signatureName>
      <signatureDate>2003-09-22</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
