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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.77-0.9%3:59 PM EST

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To: Jay Rommel who wrote (773)6/11/1998 10:51:00 AM
From: Teknvstr  Read Replies (1) of 1670
 
Gibson does not suck, he made a mistake, as anyone can. When the sales force found out they were going to restructure their territories to accommodate the new hires and training requirements, they closed a lot of business in Q4 so they could get paid! Then they just had too much on their plate, the quarter went by and they hadn't closed the deals fast enough...it's that simple. This is simply growing pains, and the market has over-reacted...that simple. These lawyers soliciting people for a class action suit have NO basis except their own greed. Stocks go down and they go up. The risk in the market is what enables you to make returns period.

Incidentally, this class action suit will have little or no effect on the stocks performance in my opinion. This is standard procedure for technology stocks. It's more reflective of greedy lawyers hanging around in wait than of a problem for MANU.....With a Price to Sales Ratio of less than 4....this is the best lay-up I've had for some time......35 by next quarter report....50 by 3rd quarter report in my opinion.....(that is if SAP or somebody else doesn't buy them)....Tek
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