Manugistics, Inc. (MANU) Message Board

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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: DELT1970 who wrote (1649)	10/31/2001 12:27:41 PM
From: DELT1970	of 1670

Short covering rally has ignited on this revenue guidance for Q4: Manugistics sees revenue growth returning in Q4 NEW YORK, Oct 31 (Reuters) - Manugistics Group (NasdaqNM:MANU - news), a supplier of inventory management software, on Wednesday said its business has stabilized after a summer shortfall and it now sees revenue growth returning in its upcoming fourth quarter. ``I see some growth returning in the fourth quarter,'' Gregory Owens, Manugistics chairman and CEO, told an audience of fund managers at the Prudential Securities Technology conference here on Wednesday. Manugistics' fourth quarter ends in February. Owen said he was once again seeing a pick-up again after business hit a trough after the Sept. 11 attacks. He said he was comfortable with the ``conservative guidance'' for the fiscal third-quarter the company gave during its second-quarter earnings call on Oct. 3, when it called for revenues of between $60 million and $65 million. ``Business has settled back down,'' he said. Analyst estimates for the fiscal fourth quarter range from $61 million to $68 million with a mean estimate of $63.8 million, according to a survey by Thomson Financial/First Call.

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