Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: paul e thomas who wrote (8213)	12/3/1997 4:37:00 PM
From: paul e thomas	Read Replies (2) of 13949

The Market is Mysterious CACI has been one of the better performing stocks on a relative basis. IT recently announced flat year over year earnings in line with expectations on 13% revenue growth.First Call is projecting 2nd year earnings growth of only 20%. The pe to growth ratr ratio is about 1.0. CACI announced a Y2K contract in concert with IAIC for 2.3mm lines of code. The CEO said he is pleased with a robust pipeline of Y2K work.While the government is issuing some very large Y2K contracts according to my Daughter some of this must be coming out of regular consulting budgets.Other than a low PE I don't know why you should buy CACI

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