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Technology Stocks : EDS - Recent pullback a buy opportunity???

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To: Daniel Liberty who wrote (1350)2/4/1999 10:47:00 PM
From: Daniel G. DeBusschere  Read Replies (1) of 1841
 
>>Do you think the analysts came away impressed with the future of EDS or did Dick Brown just buy a little time? I thought there might be an announcement about an MCI agreement today. I hear there is a big one in the wings>>?.
Yes, my gut feel is that they will give Dick at least one quarter to calibrate their ratings. EDS is not on fire. It's generating cash like crazy and has very good people. Most analysts will quickly figure out that its leadership that's missing. If Dick can be at least one half the leader that IBM has, then he will be a real winner. There is no doubt about the huge business opportunities in the EDS market space.
I believe that there will be an MCI deal. I do not know the timing but you can bet the wrangling is over price at this point.

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