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Technology Stocks : EDS - Recent pullback a buy opportunity???
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To: NICVIC who wrote (1465)6/27/1999 1:05:00 AM
From: Daniel G. DeBusschere  Read Replies (1) of 1841
 
EDS follows S&P 500 index now that its a member-
EDS used to perform very well in poor markets because its long term contract revenue base does not require EDS to sell 100% of its annual revenue every year in order to grow 20%. However, participation in the S&P 500 is going to create some selling pressure when the S&P is trending down because index funds sell when accounts bail out because of falling prices. IMO the EDS business model is solid and will continue to be a good performer in a down market.
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