Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Lost1 who wrote (63253)	1/18/2001 9:41:33 AM
From: Lost1	of 63513

VIGN down 40% Shares in Vignette Corp. (NasdaqNM:VIGN - news) slumped in pre-opening trading on Thursday after the Web content management company lowered its outlook for the first quarter and full year and said it would cut its work force because of an expected slowdown in U.S. technology spending. The Austin, Texas-based company issued its cloudy forecast as it reported fourth-quarter results that matched Wall Street forecasts. Its core results broke even, compared with a core loss of $2.7 million in the same quarter of 1999. The company said core revenue grew 203 percent, to $123.9 million from $40.9 million in the year-ago period. Screaming buy here IMO!!

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