Datastream Systems, Inc. (Nasdaq: DSTM) Message Board

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Technology Stocks : Datastream Systems, Inc. (Nasdaq: DSTM)

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To: Wright Sullivan who wrote (512)	1/16/1999 6:59:00 PM
From: blankmind	Read Replies (1) of 721

On 10/20/98, 4:13 pm, the press release came out, saying... "One-time charges... the acquisition of Computec, totaled $1.1 million..." - On 10/20/98, 4:30 pm, confer. call held - On 10/21/98, stock "... Datastream... was washed away today, losing $4 1/8 to $10 after reporting Q3 EPS of $0.20 (excluding acquisition-related charges) versus $0.15 a year ago, which was in line with the Street's mean estimate. However, Hambrecht & Quist lowered its rating on the firm to "buy" from "strong buy"... " - so if you bought on the morning of 10/21, after the news release & confer call, what's the basis for the lawsuit? - it appears that DSTM is in the ERP sector, e.g. SAP & PSFT, which got hit; H&Q downgraded; and the stock pulled back. So please explain the basis of the suit?

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