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Technology Stocks : Manugistics, Inc. (MANU)
MANU 16.02+0.6%Dec 24 12:59 PM EST

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To: bob zagorin who wrote (1203)2/4/1999 3:27:00 PM
From: Doughboy  Read Replies (1) of 1670
 
A little more good news: Analyst thinks that MANU and other ERP companies will have good '99. (Observations by CBS Marketwatch at the Nationsbanc Montgomery Securities conference.)

The down-and-out companies that sell business software may well
rebound in the second half of next year, as spending flows again after
being frozen due to the turn of millennium, analyst Bob Austrian said
Thursday at the NationsBanc Montgomery Securities tech
conference in San Francisco. Additionally, the companies will have
"easy compares," meaning that the big-ticket software makers will show
big growth in year-over-year comparisons, he added. He pointed out
that many of the largest providers of so-called enterprise resource
planning software have come in short of analysts' expectations for
licensing growth in the third and fourth quarters. That list includes
PeopleSoft (PSFT), Baan (BAANF), Manugistics (MANU) and SAP
(SAP). Austrian singled out Oracle (ORCL), Siebel (SEBL) and
Remedy (RMDY) as good buys.


Doughboy
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