SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?


To: Daniel G. DeBusschere who wrote (1469)6/29/1999 3:48:00 PM
From: Pete NY  Respond to of 1841
 
I agree with your "no bid" statement. This was a scary and potentially expensive situation for EDS to get themselves into. I have witnessed a couple of these same situations lately and am pleased that they are not just accepting any contract. Ramping up e-commerce and posturing themselves like they did with this deal will be beneficial in the long run...in my opinion, of course.

I have liked what Dick Brown has done for EDS and look forward to many more positive strides by the management team and the company. He's tough and that's what they need right now. It's critical.



To: Daniel G. DeBusschere who wrote (1469)6/29/1999 4:06:00 PM
From: Rick Kupcunas  Read Replies (1) | Respond to of 1841
 
I would not attribute today's gain to the loss of the Conn. deal - look at all high techs today and you will see an overall increase. Sorry but I can not see how loosing a $1.5 BILLION dollar contract could be good for business... if EDS pulled the plug on the business I would "sort of" agreed but Connecticut pulled the plug based on EDS' failure to ensure productivity gains. As stated, Connecticut "...was not satisfied that better computer service could have been guaranteed six or seven years from now if the state put its operations in the hands of EDS".