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Technology Stocks : Whittman-Hart (MRCH)

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To: Joe Reptilicus who wrote (64)4/21/1999 9:31:00 PM
From: chuber   of 109
 
I am not long yet, but stumbled across the chart and recent earnings today and would like to be in. No question about the growth and strength of this company. Checking out their most recent numbers (http://www.go2net.newsalert.com/bin/story?StoryId=CnW17qbWbq0Dgmde2&FQ=c%25whit%20&Title=Headlines%20for%3A%20whit%0A)

I can only guess that the reason for the bargain price is due to the nature of their business. Aren't most analysts backing off of IT companies offering services alongside ERP systems, etc. due to Year 2000 worries and fears that companies will spend less for these services as tehy gear up for the new millenium?

Also, I believe the computer services/security sector was put on the $hit list after NETA warned a couple of weeks ago. Seeing slow growth in the months ahead. Take a look at NETA's earnings figures (very strong) for the past 4 quarters and then look at their price. Pretty scary if WHIT gets caught up in that hype.

Although Monday took 10% out of the stock, I was glad to see that volume was below average. Hoping that the two most recent bottoms created the final shakeouts for those ready to sell.
Since we appear to be out here alone, any opinions you may have would be appreciated.

All in my opinion.

Chris
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