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

To: Rich Tilson who wrote (1606)	6/27/2000 9:46:00 PM
From: Daniel G. DeBusschere	Read Replies (1) \| Respond to of 1841

I hope they are busy at work - meanwhile IBM takes a writedown from ML and falls about 4 percent of value compared to the 35 percent suffered by EDS. The EDS valuation is totally out of whack with reality when compared to both IBM and CSC. Here is the URL reference to the IBM hit today - cbs.marketwatch.com Some excerpts ... IBM shares stumbled Tuesday after Merrill Lynch analyst Steve Milunovich lowered his revenue estimates for the second quarter.... Electronic Data Systems (EDS: news, msgs), Computer Sciences (CSC: news, msgs), and Perot Systems (PER: news, msgs) have each suffered recently, he said, and although contract signings appear solid, the time between outsourcing order and implementation may be increasing in the mature U.S. market, he wrote.... IBM shares, a component of the Dow Jones Industrial Average, closed down 4 21/32 at 109 3/4.