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Technology Stocks : iGATE(IGTE) -- Ignore unavailable to you. Want to Upgrade?

To: TraderTerry who wrote (336)	7/27/1999 8:52:00 PM
From: Toni Wheeler	Respond to of 380

Thanks, TT, for the Yahoo links. This one, a part of Goldman Sachs recommendation review: * Mastech reported 2Q99 earnings of $0.25, ahead of GS and consensus * * estimates of $0.24 per share. The upside resulted mainly from cost * * management and high consultant utilization. Sales were up 31% to $124.5 * * million, vs. our 37% forecast, with the downside mainly related to Y2K * * and EDS projects ending in this transition year. Y2K declined to 6.5% vs* * 8.5% for 1Q99. We are maintaining our 1999 and 2000 estimates of $1.00 * * (3Q-$0.26, 4Q-$0.26) and $1.30, respectively. We reiterate our * * Recommended List rating and $29 price target. *