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Technology Stocks : Micros Systems
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To: Graham Seibert who wrote (8)10/8/1997 11:21:00 AM
From: Lenny Ehn   of 44
 
Graham,

Recently attended the "Money Show" in Seattle. They had a lunch with a panel on Technology Investing. One of the panelists, a fund manager named Rath (my notes are terrible, and I forget the name of the fund) recommended MCRS. Ive done some brief research via the AOL databases and the stock looks interesting.

My biggest concern: Although revenue growth has been impressive (3-year CAGR = 48%), EPS growth has been negative. Do you have any info on why revenue growth has not flowed to the bottom line?

Thanks in advance for your help.

Len
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