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Technology Stocks : CSG Systems (CSGS) Billing Support Software
CSGS 79.60+0.2%Jan 16 9:30 AM EST

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To: Douglas V. Fant who wrote (1)6/1/1999 6:54:00 PM
From: Grabs  Read Replies (2) of 135
 
Doug-

saw that myself. I've been looking for a long time, just read an analyst report that said that the company reiterated confidence in their earnings. supposedly, today's drop was driven by fears of "weakness in processing revenues". However, the analyst (BT Alex Brown) feels there is the potential for significant new business going forward, in particular from Media One (now owned by AT&T). CSG has 1.0 million of Media One's 5.0 million customers. This analyst reiterated $50 price target.

Grabs
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