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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.80-0.5%Nov 12 3:59 PM EST

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To: Pravin Kumar who wrote (1007)12/1/1998 9:25:00 AM
From: Willie C.  Read Replies (1) of 1670
 
Pravin,
I was speaking collectively. I went to Manugistics Website to review management's background but I was unable to find the names and bios that were once so prominent. I dumped a lot of money on this stock. I'm out of it now but I have been looking for an opportunity to get some back in but management has yet to inspire any confidence leading to profitability.

Missing numbers because they were expanding the sales force and failed to close deals one quarter then turn around and pay again to dump sales personnel the next quarter, while at the same time going forward with their capital investment in office development makes me continue to scratch my head. Even their announcements of E-commerce and strategic initiatives seem to be following the lead of the competition.

There is no denying that the company product has value the question is can management make it profitable? The most astronomical growth projections in the world cannot guarantee that and at this point I hesitate to put any stock in the MBA's hanging in the executive suites of Manugistics.

Regards,

Willie C.
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