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

To: Softechie who wrote (1764)	9/22/2002 11:11:26 PM
From: t2	Respond to of 1841

Softie, I have to agree with you on EDS. The risk has been taken out of this stock. A move to the low 20s seems like a reasonable bet, imho. Since EDS got cut in half, then it is probably a lot safer bet than most other techs. It looks safe to me simply because when I talk to IT people, they tell me that IBM or EDS get most of the outsourcing deals. EDS also has a lot of military contracts.

To: Softechie who wrote (1764)	9/23/2002 5:10:58 AM
From: LTK007	Read Replies (1) \| Respond to of 1841

As i said, from a TA angle, this is not a safe buy LTBH. It frankly is one the worst totally damaged stocks i have seen TA-wise. Sell ANY DCB, short-covering rally; longterm this can go much lower,imo. I think their MISS, their MASSIVE miss, is because they can't fudge there earnings anymore and get away with it.. I would not be surprised if they at a later date turn up with a re-statement of past earnings. Max p.s.Employees are fine,but it rings loudly this is a company in which top management has been feeding off the company and its shareholders.