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Technology Stocks : Datastream Systems, Inc. (Nasdaq: DSTM)
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To: J R Fisher who wrote (490)1/6/1999 9:29:00 PM
From: Shane M  Read Replies (1) of 721
 
A lot of their customers are industrial companies. Is the slow down in industrial production affecting concerns about the bottom line?

J R,

Take this with a grain of salt, because I don't know the company well. My feel, however, is the company should still be viewed as a growth co, and that at this point it should grow even through economic down cycles. If I understand things right, they are expanding into a still underserved market.

From an investor viewpoint, I think alot of people are concerned Y2K will eat into available money for IT type products. This may or may not be real, but it is the prevailing wisdom. I'm unsure of how any slowdown in industrial production would be expected to impact. FWIW, it's not a major concern of mine, because the product should increase effeciency/help save costs even in a tough economic environment - where cost controls are probably a stronger focus.

Again, just my opinion. Weight it lightly.

Shane

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