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Technology Stocks : Genesys Telecommunications (GCTI)
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To: Jay Nitschke who wrote (144)10/15/1998 9:56:00 PM
From: Bobo   of 220
 
There has also been alot of uncertainty surround the call center space and GCTI specifically. Rumors were swirling that Aspect was going to miss its quarter and that the financial svcs/ telco industries were slowing down cap spending (which appears to be true). These areas are close to GCTI's heart. The mgt changes in the last 3 months at GCTI has concerned institutions. Tonight's report shows several things 1) the company is performing very well under McCloskey's leadership - expanding op margins, 10% seq growth and a gain in defered rev 2) that GCTI is making up ground in other industries to take the place of fin svcs and telco and 3) customers appear to be satisfied since they are paying their bills and buying more product.
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