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Technology Stocks : EDS - Recent pullback a buy opportunity???

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To: Daniel G. DeBusschere who wrote (1469)6/29/1999 4:06:00 PM
From: Rick Kupcunas  Read Replies (1) of 1841
 
I would not attribute today's gain to the loss of the Conn. deal - look at all high techs today and you will see an overall increase. Sorry but I can not see how loosing a $1.5 BILLION dollar contract could be good for business... if EDS pulled the plug on the business I would "sort of" agreed but Connecticut pulled the plug based on EDS' failure to ensure productivity gains. As stated, Connecticut "...was not satisfied that better computer service could have been guaranteed six or seven years from now if the state put its operations in the hands of EDS".

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