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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.860.0%3:59 PM EST

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To: Craig Kaltner who wrote (1274)6/22/1999 4:37:00 PM
From: Doughboy  Read Replies (1) of 1670
 
Hmm, a closer look at the numbers leaves me less effusive about this quarter. Manugistics clearly did not hit the revenue numbers expected of them. The Dow Jones report said that expectations were flat revenues in licenses and services (quarter on quarter), and in fact MANU had sharply declining revenue. MANU made it up with severe belt-tightening in operating expenses, esp. marketing expenses. Unfortunately, I think analysts are going to think that this report is disappointing despite getting back to profitability. We'll see.

Doughboy.
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