Guess you answered your own question there BT. And just to point it out, here is ML on INIT! It did catch A and the monkies with their panties in a bunch on KOOP and now they are hoping the old guy falls over to cover. Goldman IPO's always do good in the long run, But short run NPLS might be dead money, seems it will visit the lows again. I dont get INIT, why go IPO at under 300 mil with a book value of 150 mil?
SAN FRANCISCO (CBS.MW)--The quarter-of-a-trillion-dollar marketfor computer services will grow at a double-digit rate for the coming
years, Merrill Lynch said Thursday.
"All roads lead through computer services," Merrill analyst
Steve McClellan said on a conference call.
Computer services --an umbrella term used to cover the business of e-commerce, systems integration, outsourcing and Web consulting, among other areas -- is expected to generate sales of $318 billion by 2002.
McClellan said, shares of service providers make solid
investments NOW because the companies typically have
recurring revenue, with long-term, stable contracts. The larger companies are increasing earnings 13 to 15 percent, with smaller companies boosting earnings 30 to 50 percent.
Posted: 07/08/1999 05:16 pm EDT as a
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