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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Ng who wrote (9490)	3/1/2001 4:47:42 PM
From: ChrisJP	Read Replies (1) \| Respond to of 11130

RIMM -- Gee Bernard, of all the stocks that had a short covering rally, RIMM seems to have spiked the most. If it makes you feel any better, I bought 300 CMRC @ 17 1/8. Put in a stop for 16 1/2. CMRC bottomed around 16. It took off at 2pm like every thing else. Now trading over 18. :-( At least LATD and OTWO held up for me today. Still keeping my fingers crosses that BRZE, CLRN, GWRX will eventually rebound. Can you tell that I think that some of these stocks may have already bottomed ? LATD, BRZE and OTWO are trading on fairly low volumes too. Chris

To: Bernard Ng who wrote (9490)	3/1/2001 6:44:30 PM
From: Wayne Rumball	Read Replies (2) \| Respond to of 11130

At the risk of putting a curse on the stock... Bought OAOT in after hours on this news; B: OAO Technology Solutions Wins Major Contract Expansion; Win Marks the Largest Single Contract for OAOT's New Business Sector GREENBELT, Md., Mar 1, 2001 /PRNewswire via COMTEX/ -- OAO Technology Solutions(R) (Nasdaq: OAOT) announced today that a Fortune 500 company has expanded its contract with OAOT for Application Management Services (AMS) in support of a significant customer. The original 10-year contract began January 1999. The renewed contract will result in a 150 percent increase in consultants over the next 15 months, making this expansion the largest contract for the Company's new business sector. (Photo: newscom.com ) "Building our new business sector is the focal point of our strategy, and AMS is a high-growth niche that takes advantage of OAOT's technical skills," said Greg Pratt, president and CEO of OAOT. "This expansion represents the largest single contract ever booked in our new business sector and is a clear signal of our success in expanding IT integration and consulting services." Under the expanded contract, OAOT will continue to provide AMS from customer locations and from OAOT's eBusiness Solution Centers (eSC) in Canada. OAOT will continue to leverage the exceptional recruiting power of the OAO Technology Solutions' Professional Services Division to acquire the highly skilled software engineers required to support the account. To accommodate this significant growth, OAOT will distribute the work across two Canadian eSCs. To seamlessly manage work from multiple locations, OAOT employs best of breed collaborative productivity tools, such as Siebel Enterprise. Through the contract with OAOT's client, OAOT employees maintain and support the end customer's business applications and databases. OAOT manages the entire application life cycle, which includes call management, customer support, production control, application maintenance, performance tuning, design and implementation of application enhancements, and ad hoc development requests. To effectively provide these services, OAOT employees require technical skills in a broad mix of platforms and languages, ranging from mainframe to web-based to data warehouse, as well as experience in project management, software analysis and design, and integrated testing. OAOT has successfully expanded its eBusiness Solution Centers by 300 percent in 2000 and looks forward to continued growth to support the expanded contract. The eSCs provide a competitive price advantage to customers without the risk generally associated with off shore solutions. OAOT has integrated its Software Engineering Institute (SEI) level 3 processes with its customers for seamless delivery to end customers and is responsible for meeting service levels and achieving continuous productivity gains through the use of their processes and technology. Due to the long-term nature of the contract, OAOT will increase knowledge of the customer's business and their applications, positioning them to provide continued value as the customer reacts to market pressure to re-engineer their systems. "We are very excited about the rapid growth of the base business and have initiated or completed a number of mid-market customer integration projects in the eCommerce and eCRM areas," said Shiraz Patel, senior vice president of OAOT's Enterprise Application and eBusiness Solutions Division. "The expertise of our eBusiness Solutions Centers, combined with best of breed partners, gives us a solid foundation for continued growth, and we are currently bidding on and negotiating new integration contracts to build on our success." He added, "OAOT has achieved this level of success by retaining and growing business with existing customers and through strategic relationships." About OAOT OAO Technology Solutions, Inc. is a global provider of information technology and eBusiness solutions. Headquartered in Greenbelt, Maryland, the Company's 2,200 employees work in 200 locations throughout the world. The Company's web site can be accessed at oaot.com . OAO Technology Solutions, Inc. is a Safeguard Scientifics (NYSE: SFE) partner company. Please direct media inquiries to Deborah Starke at 301-486-0400 or media@oaot.com. For investor relations information please contact Karen Vahouny of Qorvis Communications, at 703-744-7809 or IR@oaot.com. SAFE HARBOR STATEMENT: This news release contains statements that are forward-looking statements concerning future results, performance or expectations within the meaning of applicable federal securities laws. These statements are based upon the Company's current expectations and assumptions that are subject to a number of risks and uncertainties that would cause actual results to differ materially from those anticipated. These risks include the risks and uncertainties relating to the difficulties of investments in infrastructure, expansion of business offerings, opportunities in the marketplace, future financial results and other factors discussed in the Company's filings with the Securities and Exchange Commission. The various trademarks and service marks identified herein are the property of their respective owners and OAOT makes no claim to such properties. Copyright (C) 2001 by OAO Technology Solutions, Inc. All rights reserved SOURCE OAO Technology Solutions