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Technology Stocks : JDA Software

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To: SpecialK who wrote (225)	11/25/1998 5:20:00 PM
From: softcash	Read Replies (1) of 371

DLJ did reduced earnings, but they did not cut their rating. Here it is: Donaldson Lufkin & Jenrette reduced estimates for JDA Software's (JDAS) fourth quarter and fiscal 1999. The brokerage company expects fourth-quarter revenue to be $40.5 million with earnings of 16 cents a share, down from $43.8 million and 22 cents a share. Fiscal 1999 was revised lower to $187 million in revenue and earnings of 85 cents compared to $200 million and a $1 a share. Donaldson Lufkin & Jenrette maintains its "market perform" rating. Shares closed down 1 1/16 to 7 9/16. From today's CBS Market Watch's software report.

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