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Technology Stocks : Lason(LSON)-Interesting Turnaround Candidate???

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To: PawPr who wrote (7)12/20/1999 7:18:00 PM
From: Big Dog  Read Replies (1) of 28
 
From the Motley Fool:

"Records and document management outsourcer Lason Inc. (Nasdaq: LSON) shed $11 7/8 to $11 1/16 after warning that a Y2K-related spending slowdown by clients will lead to Q4 EPS roughly 31% to 38% below the $0.61 that the firm said analysts had been anticipating. The company also said it will discontinue certain non-Internet enabled business areas as part of a repositioning of the firm, which will result in fiscal 2000 operating EPS $0.60 to $0.80 lower than previous estimates. At least six analysts downgraded the stock today."
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