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Technology Stocks : EDS - Recent pullback a buy opportunity???
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To: Dave O. who wrote (1092)7/31/1998 8:39:00 AM
From: Daniel Liberty  Read Replies (1) of 1841
 
Dave, From the Gary Fernades interview:
<The good news from the second quarter lay in a 13.7 percent rise in overall revenues to $4.2 billion. Non-GM revenues were up 24 percent and the margins there were higher. Fernandes said the overall margins slide was ''solely due to the GM business.''>

I do believe the increase in revenue is the most positive thing I have seen from EDS in some time. Now if they can increase the margins we could see an increase in the stock price. In the interview Fernandes also said that margins should increase to double digits in the fourth quarter.

Dan
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