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Strategies & Market Trends : The Good-The Bad and The Ugly
MAGS 67.62+0.4%Dec 5 4:00 PM EST

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To: Tim Luke who wrote (1323)8/31/2000 10:14:26 PM
From: Tim Luke  Read Replies (2) of 8686
 
* SAPE the best*..read on
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Thursday August 31, 11:42 am Eastern Time
RESEARCH ALERT-Internet consultancies cut
NEW YORK, Aug 31 (Reuters) - Deutsche Banc Alex. Brown analyst Mark D'Annolfo on Thursday cut his ratings on Internet consulting and services companies Braun Consulting Inc. (NasdaqNM:BRNC - news), Lante Corp. (NasdaqNM:LNTE - news) and U.S. Interactive Inc. (NasdaqNM:USIT - news).

-- In a report, he cut ratings to buy from strong buy.

-- ``While he believes the long-term outlook for the e-Services sector remains positive, the rest of the year could be 'rocky' as the market transitions away from the dot-com frenzy toward larger, more complex (but longer sales cycle) projects,'' the report said.

-- also, third and fourth quarters are seasonally the group's weakest.

-- D'Annolfo suggests focus on ``best of the best''-- Sapient Corp. (NasdaqNM:SAPE - news), Diamond Technology Partners Inc. (NasdaqNM:DTPI - news), Proxicom Inc. (NasdaqNM:PXCM - news) and Scient Corp. (NasdaqNM:SCNT - news).
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