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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

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To: kampjoel who wrote (1786)7/28/1998 5:57:00 PM
From: Sid Turtlman  Read Replies (1) of 2011
 
kampjoel: Your story is kind of funny. Over on the Yahoo IAIC thread a week or two ago, the explanation for why the quarter's numbers were coming out a little later than expected was that the company got in a whole bunch of contracts just before the end of the quarter, and they had to count those figures into the quarter. Can't be both, can it?

The basic problem is that there are now only six quarters left for this company to make any noticeable amount of money. What kind of multiple does anyone want to pay for earnings that will be in town for a limited engagement only? Yeah, I know, earnings won't go right to zero after 1/1/00 but they will start heading that way soon enough when IAIC becomes just one more overstaffed consulting company, which is all it will be then.

You probably don't have to worry too much though. There will be 6 more excellent looking quarters coming along before the party is completely over, so you'll have some opportunity to sell into strength along the way.
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