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Technology Stocks : TALX (TALX) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graber who wrote (49)1/7/1998 2:41:00 PM
From: JakeStraw  Respond to of 93
 
RESEARCH ALERT - TALX Corp downgraded

NEW YORK, Jan 7 (Reuters) - First Albany said on Wednesday it lowered its rating on shares of TALX
Corp to neutral from buy because it expects the company to miss fiscal third quarter analysts' forecasts due to a
segment's revenue shortfall.

-- Analyst Michael Riffle sees revenue shortfall in CPE Systems segment, says company joins other companies
in interactive voice response industry who have failed to meet expectations because of industry slump.

-- Company said five major systems sales totaling $1.3 million have been delayed, Riffle said.

-- ''TALX has been experiencing a lengthening sales cycle as customers increasingly consider employing
Web-based access in conjunction with traditional phone access for self service transactio