Carnegie Group CGIX (READY FOR A MOVE?) Message Board

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Technology Stocks : Carnegie Group CGIX (READY FOR A MOVE?)

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To: PeterGx who wrote (21)	1/16/1998 7:38:00 PM
From: ALL IN PAUL	Read Replies (1) of 110

PeterGX You forgot to post the last paragraph of the SEC filing! (posted below) To answer your question regarding the "templates": who doesn't implement "templates" of their business objects? I'm certain you've heard of CORBA and DCOM. Everyone is using ORB and DCOM wrappers around their business objects. It's the next logical step for creating distributed, reusable, scalable systems. I see nothing in their web site or press releases to indicate that they own a unique technology. My take is that they are a systems integrator that relies heavily on DOD and Fed contracts. They have had flat or diminishing revs/earnings for all of 97 when everyone worth their salt has easily upped their numbers by 30%. A big bad black and blue mark on mgmt's eye. I can't recommend a bet on the mgmt at this time. However, 2 things are of interest here: 1) the 200K share buyback. 2) the possibility of exciting news forthcoming. Of course one would have to verify #2 before buying in... - Laron ----------------------------------------------------------- Last paragraph of recent SEC filing... The Company only includes in backlog signed contracts that either have milestones yet to be attained or for which the Company can make a reasonable estimate of work yet to be performed. The Company's backlog at September 30, 1997 was $7.2 million, compared to $11.6 million at September 30, 1996 and $9.6 million at December 31, 1996. As most of the contracts in backlog are terminable by the Company or the client upon short notice, there can be no assurance that contracts reflected in backlog are a reliable measure of future revenue.

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