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Technology Stocks : SCTC - Systems & Computer Technology
SCTC 9.000-5.3%Feb 10 4:00 PM EST

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To: David Sirk who wrote (248)3/10/1999 7:39:00 PM
From: Mr. Park  Read Replies (2) of 294
 
David,

The SCTC news was out during market hires. It was picked up by the wires. The contract is rather insignificant at 9.5 million over 5 years with MediaOne able to terminate service after two years. I like this company long term. IMHO...I think the price fell because the company stopped buying stock back today. The past few weeks has seen SCTC being held up by a few MM's most noticeably CEUT. However, CEUT held up a wall...not letting the ask go higher. I am thinking SCTC wants its shares back cheaper. The sad part is that the shareholders are getting royally screwed if they aren't holding SCTC for a long period of time.....

IcyGual
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