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Technology Stocks : CSG Systems (CSGS) Billing Support Software -- Ignore unavailable to you. Want to Upgrade?

To: lebo who wrote (120)	8/24/1999 4:31:00 PM
From: TWICK	Respond to of 135

Looks like CSGS is not the only one looking for a new support level. CVG, SAVLY, ADVS, and DST are all down today. Twick

To: lebo who wrote (120)	8/25/1999 6:32:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 135

lebo, Agreed- daytraders play sectors in the tech/telcom arena and I believe that software companies are all getting hit due to potential Y2K concerns slowing orders for six months for OLAP types of software. Well CSGS does not delve in OLAP applications, but guilt by association and zoop- the whole sector retreats. We'll need to go throught his bottoming process for a while longer I believe...and even if profit margins do drop moving forward, then stock is fairly priced IMO... But if the margins go sideways or even improve.... Finally look at the e-brokers who as a tech sector were under pressure a for a couple of months. They've bottomed it appears- at least enough for me to have risked a position in NITE.. We'll see the same pattern in software stocks, especially software compaies who don't do OLAP applications...