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Technology Stocks : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?


To: NICVIC who wrote (1559)3/8/2000 10:49:00 PM
From: Daniel G. DeBusschere  Read Replies (1) | Respond to of 1841
 
The Call Center Closing should not be material to EDS -
To the unfortunate employees that are affected, it will be material but to EDS with an annual revenue of $16B it will not be material. It does illustrate how the company will react to the loss of a contract revenue stream. I am sure that EDS protected itself on the early termination liability with relevent protection on leases etc. Maybe Mr. Greenspan's higher interest rates had some affect on this outcome.