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Technology Stocks : Unisys: Computer Solutions and Services Worldwide
UIS 2.820+0.4%Dec 5 9:30 AM EST
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To: lebo who wrote (2479)10/15/1999 2:30:00 PM
From: PCSS   of 2818
 
Additional snippets from research report:

* A Bump Along The Recovery Path, Not A Hole; RL.

* NOT AS BAD AS IT LOOKS ON FIRST BLUSH

* OUR INTERPRETATION IS THAT THERE WERE TWO PRIMARY FACTORS, BOTH OUTSIDE OF THE COMPANY'S CONTROL, AND BOTH OF WHICH ARE TEMPORARY AND NOT A SIGN OF A DETERIORATION IN THE BUSINESS

* WHERE WE MAY DIFFER FROM OTHERS IS THAT WE BELIEVE THAT THE Q3 SHORTFALL IS LARGELY A DEFERRAL ISSUE

* RL RATING AND EPS ESTIMATES MAINTAINED

Michael
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