Sterling Commerce (SE) Message Board

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Technology Stocks : Sterling Commerce (SE)

SE 143.36

+0.7%

Nov 12 3:59 PM EST

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To: goro who wrote (53)	10/8/1998 6:55:00 PM
From: Turs	Read Replies (1) of 341

Mgmt. held a special call today (Th.) after the close to publicly state that they would meet revenue and earnings expectations for the quarter. They said they may even exceed the upper end of the analysts' range for revs (so I would assume there is upside to EPS as well, but they wouldn't want to comment so specifically on that). They also said that many of the problems other competitors are experiencing (namely HRBC) were likely company-specific because Sterling does not see weakness in areas mentioned by competitors as a reason for their shortfalls. In fact, Sterling highlighted Internet products as one of three areas of particular strength in the quarter, confirming MY contention that the Internet is an incremental opportunity as opposed to a threat, at least for a couple years. So, hold on to the stock. Everything is getting beaten up in this market. It's a comfort to hold stock in a company meeting (if not exceeding estimates) and being proactive in terms of communicating with shareholders.

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