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Technology Stocks : Manugistics, Inc. (MANU)

MANU 15.67

-0.2%

Dec 5 3:59 PM EST

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To: Jerome A. Johnson who started this subject	4/2/2001 1:22:34 AM
From: bob zagorin	Read Replies (1) of 1670

NEWS ROUNDUP Manugistics Defies the Economy Once down for the count, Supply Chain Management (SCM) vendor Manugistics is now up and fighting strong, posting record fourth-quarter and annual results this week and defying the slumping trend hitting nearly every other segment of the market. Revenue for the fourth quarter ended February 28 leaped 105% from the previous year to $89.3M. Revenue for the year topped $268M, a 76% increase from the prior year. What stands out most is that the strong results come as software vendors across the board brace investors for lackluster earnings and declining growth as the economy slows. The key is to sell products that can ease the pain of such economic times and not some hyped vision. From this foundation, companies can then expand into more untested areas of e-business. For now, supply chain software looks recession-proof, as long as the vendors keep to the basics and don't try to sell too much hype with long, drawn-out payback. AMR Research 4/2/01

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