Manugistics, Inc. (MANU) Message Board

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Technology Stocks : Manugistics, Inc. (MANU)

MANU 15.52

-0.9%

3:59 PM EST

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To: Panita who wrote (876)	9/9/1998 12:47:00 PM
From: Scott Brooks	Read Replies (1) of 1670

Actually I don't think the company issued a warning until their hand was forced - one of the firms that covers MANU indicated that they were looking for some softness and the speculation started. MANU finally came out and issued a terse "we wont make the numbers - stay tuned for details." I seem to recall that they were in a quiet period and their quarters are usually backloaded, but I can't help but think that they did not know about the shortfall sooner. I think that is one of the reasons for the huge decline the day of the announcement (40%) - loss of confidence. All of this is from memory, but I think it is pretty close. Scott Brooks

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