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Technology Stocks : Cognizant Technology Solutions Inc (CTSH)
CTSH 85.27-0.6%Jan 9 9:30 AM EST

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To: Alfred W. Post who wrote (71)7/29/2001 10:51:45 AM
From: Seeker of Truth  Read Replies (2) of 96
 
I think it's a wonderful company. Note that the stock is down to about half of its all time high. That's marvelous compared to the rest of tech land. I have a large investment in it. When I was younger I would have put half my money in it I have maybe 20% now in it. I have one semi-major misgiving. The controlling stockholder is RMS Health(RX). They own a majority of the shares so they have the power to do any stupid thing they want, including firing the president, forcing them to declare dividends, thus slowing the growth, etc. etc. They haven't done this of course, but the situation is new. If RX would sell their shares CTSH would be worth 50% more, in my eyes. But as Warren Buffett said, there's at least one thing wrong with every situation(stock). This may be the highest quality software company in the world. JMHO. By the way, charts tell me nothing. Good luck.
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