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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.52-0.9%Dec 8 3:59 PM EST

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To: MU Lation who wrote (875)9/9/1998 12:29:00 PM
From: Panita  Read Replies (2) of 1670
 
I believe that last quarter MANU management stated that they barely missed closing a few deals due to the mismanagement of heavy growth that they were experiencing. (ie 40 new hires, etc.)

I have kept an eye since then on MANU. Now that earnings are due out on the 17 (next week) I wonder if it is not a good time to get in here. From the high of 60 earlier in the year we are down 78%. Perhaps overdone.

If MANU beats estimates we could see this easily go to 30 or their old support line of 40 far from its highs of 60. but a nice climb from today 13s.

More interesting is that last quarter the company issued a warning. Now we are in the quiet period and nothing was said which makes me wonder: No warning may mean a pleasant surprise next week.

Opinions welcome.
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