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Technology Stocks : Carnegie Group CGIX (READY FOR A MOVE?) -- Ignore unavailable to you. Want to Upgrade?

To: FARRIS who wrote (39)	1/27/1998 2:05:00 PM
From: PeterGx	Read Replies (1) \| Respond to of 110

Farris: My initial impressions are good, but I haven't really had the time to "dig in". As to what earnings would look like, I have not been able to find conclusive info. However, there could be little surprise on the downside, since the conference call outlined most dangers, but if CGIX were able to close on some of those "1-2" Gvmnt contracts they mentioned then we could have a very (relatively) positive surprise... My concern is not for the next 1-2 Qrs, but to find out what the longer term prospects of CGIX are. To that purpose, I am not prepared to make a decision, yet.(for one thing I'd like to check out the competition) One thing is for sure - the actual numbers for the next 2-4 Qs will tell if CGIX is experiencing reconstructuring/re-orientation pains or they just don't have the right "stuff". Technically, it looks like there is good support at around the $3 line. It may be the 200,000 share buy-back kicking in. (which is a positive thing) Cheers!