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Technology Stocks : Unisys: Computer Solutions and Services Worldwide

UIS 2.640

-0.4%

11:59 AM EST

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To: Moominoid who wrote (2722)	7/18/2000 10:54:53 AM
From: Kevin Hay	Read Replies (2) of 2818

They cut next q's expectation in half..., I bailed at 12.25. I really thought they would beat their lowered expectation, but things aren't looking good, imo. The trend is not your friend here, unless you're short. Fundamentally, my 'feel' is that uis will have a lot more competition with web-related software than they have had with the enterprise stuff. Earlier in the year I bought uis and prgs thinking they would hedge each other somewhat. uis being more traditional and prgs being a play on the asp space. Well I'm in the red on prgs too, but at least they're not warning, and then missing the lowered numbers!!!..., at least yet. -Kevin ps. this market is going to make traders of us all. pps. I'll consider getting back in toward the fall.., but probably not until there is actual evidence of orders picking up. at this point, I expect next q's release to push out the turnaround even farther.

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