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Technology Stocks : Manugistics, Inc. (MANU)
MANU 17.34+2.1%Feb 6 9:30 AM EST
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To: Tom Cat who wrote (653)5/24/1998 1:51:00 PM
From: AlienTech  Read Replies (1) of 1670
 
Tom dont get too optmistic. MANU is not AZPN and this aint no rumor. They are going to show a LOSS, not miss the quarter.
For a company that does not know how to handle wall street look at CYMI, Its the only SEMI that did not have revised earnings and still made the numbers but trading at 30% of their highs.
The market perception has a lot to do with the valuation. Right now the market sucks and the bears are in for the kill for what it did to them a few months ago.

I woulddefinetely expect it to hit 25 from the charts, Depending on how strong it acts I might buy some other wise wait for the low 20's since 15 seems to have good long term support.
If I was already holding the stock I would definetely buy short term puts.
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