S1: Doing Business in a Dot Com Depression, -V1 Message Board

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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1

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To: Oeconomicus who wrote (989)	4/28/2002 1:58:12 PM
From: H James Morris	Read Replies (2) of 1013

Hey Bob, it wasn't a good week for I-banking.;) S1 Corp. (SONE: news, chart, profile) lost more than 23 percent. Richard Zandi, an analyst with Deutsche Bank Securities, attributed the weakness to Thursday's warning from sector-mate Digital Insight (DGIN: news, chart, profile). Both companies provide software applications for financial institutions. Zandi, who has a "market perform" rating and an $8 price target on S1, said that the problems aren't specific to Digital Insight and that the market opportunity these companies are trying to capitalize on is maturing, which translates to slower growth. S1 wasn't immediately available for comment

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