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Technology Stocks : Manugistics, Inc. (MANU) -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (1529)11/14/2000 6:53:58 PM
From: Charles P. Hubbard  Read Replies (1) | Respond to of 1670
 
Bob, The only upgrade I know about is the one you posted Mon. nite. The techs were just hot today, and after the prior days losses, it is quite possible that some shorts were getting out while they still had some profit, or perhaps covering out of fear. It is incredible to me how this stock continues to stay up with such poor fundamentals, but I have to keep repeating to myself that for now, fundamentals don't count. Many of the high flyers have taken big declines, but apparently it is not yet time for MANU to face reality. Could be something in the works that I don't know. Actually, in this crazy market I don't seem to know anything. We are talking here of price to sales of 17, and price to book of 31, and they have net losses in 10 of the last 11 quarters.
If I am missing something, please let me know.
CPH