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Technology Stocks : ARC (ALRC)-A revamped and transformed web-centric IT company
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To: If only I'd held who wrote (1)6/6/2000 4:06:00 PM
From: Tom Hua  Read Replies (1) of 87
 
Greg, the changes have produced some notable results:

1. EDS was a major issue for ARC in the past, now EDS is on ALRC's side

2. Margins from Hewlett Packard account improved 200 basis points. A more favorable contract/pricing is under negotiation, inking of the deal expected this month.

3. Gross margin from Agilent improved from -10% to +45%.

4. Portfolio growth, first time since July 1999.

5. Net increase in billable employees, first time since last year.

Regards,

Tom
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