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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.400.0%3:59 PM EST

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To: Lizzie Tudor who wrote (872)9/8/1998 6:40:00 PM
From: Doughboy  Read Replies (1) of 1670
 
Michelle, I've continued to be long on Manu, and I wonder if Manu isn't oversold. It's now trading at 17 times 1999 predicted earnings (and those predictions are way, way down from where they were). My hope is that earnings release (next week?) will meet the expectation of losing $.01, and we can move up from there. Even with another blown quarter, I don't see too much downside from here. It is a bit worrisome that even on a blowout day like today, Manu drifted lower again. Hmm, news leaking out?

Doughboy
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