CBSI-complete bus. solutions. new y2k play! Message Board

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Technology Stocks : CBSI-complete bus. solutions. new y2k play!

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To: P. Ramamoorthy who wrote (375)	7/7/1998 9:27:00 AM
From: Jeffrey E. Klein	Read Replies (2) of 506

To: all CBSL is written up in on Investor's Business Daily's New America Page, A4 in today's paper. Some of the highlights are: * Their three acquisitions since 11/97 -- resulting in expansion of services to clients * Business is booming for Y2K services -- they only take assignments that provide work well beyond 2000. * Article says that operating margins -- profits before interest and taxes -- are 4 times higher overseas than in U.S. * CBSL's two Indian data centers made up 12% of it's revenue in 1st qtr. * Sanctions imposed on India for Nuclear testing did not have negative effect on business; in fact overseas business signed up increased since sanctions were announced. * Number of IT Pros hired as a result of two of the three acquisitions is over 1500. * Earnings for 1998 expected to be .$71, a 73% increase over 1997; earnings for 1999 expected to be $.95 ( Per 1st call )

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