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Technology Stocks : CHRZ - What is the near term outlook?
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To: William F. Wager, Jr. who wrote (199)2/16/1999 10:37:00 AM
From: Jim Mac  Read Replies (1) of 443
 
Staffing up 11% Q3-Q4.
Software up 27% Q3-Q4
Solutions flat, down 4% Q3-Q4, probably from the shift from Y2K to non-Y2K.
Total revenues up 5% Q3-Q4, like Keane's.
Gross margin record high 37.2%
Cash must be at least $75M by now.
Very nice.

My understanding is Q4 is usually seasonally weak due to fewer billable days, so CHC had a strong Q, and is now streamlined for more total IT solutions work in 1999, after consolidating in Q4.

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