Manugistics, Inc. (MANU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Manugistics, Inc. (MANU)

MANU 15.29

-0.7%

1:57 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerome A. Johnson who started this subject	12/7/2000 10:36:13 PM
From: bob zagorin	of 1670

Manugistics says profits may beat Street view NEW YORK, Dec 7 (Reuters) - Internet business services firm Manugistics Group Inc. <MANU.O> on Thursday said it expects third-quarter revenues and earnings to meet or exceed Wall Street expectations. Rockville, Md.-based Manugistics said the results for the period ended Nov. 30 would also be consistent with or exceed its earlier guidance to investors and analysts. Wall Street analysts on average expect a profit of 6 cents per share, up from a loss of 17 cents a year earlier, according to research firm First Call/Thomson Financial. Analysts expect revenues of about $61.6 million, up 72 percent from the $35.8 million reported a year earlier, according to First Call. The company also said it has sued VirtualFund.com Inc. <VFND.O> for $4.5 million over a software licensing contractual dispute. VirtualFund has demanded the return of $2.5 million paid to Manugistics, claiming its chief executive officer was not authorized to advance the funds to Manugistics. Manugistics shares were up $4-3/16, or nearly 4.2 percent, at $101-7/8 on Nasdaq. The stock has a 52-week range of $18-3/8 to $132-1/8. 11:16 12-07-00

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next