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Technology Stocks : American Software Amswa -- Ignore unavailable to you. Want to Upgrade?

To: John Ritter who wrote (138)	3/5/1998 10:10:00 PM
From: LarryS	Read Replies (1) \| Respond to of 180

I think Intel sent a shudder through the market and will intensify the questions we have about the Asian flu effect on profits for the next quarter or two....but AMSWA doesn't have sales into Asia nor do we have competition from Asia. Intel is in a market that is currently suffering declining sales/margins while AMSWA is in a dynamic, growing niche of the market...what if AMSWA picks up some support from the market rotation as some investors leave Intel and other pricey stocks and choose small stocks with great potential, like AMSWA. I still feel we will rise back to the $10 area by the end of next week. The only reason we aren't there now is because so many investors paniced when they thought we would not meet estimates...but instead we actually BEAT the estimates...so to me the rise to $10 is a gimme, maybe within a week and another rise of a buck or two over the next month or two as you would expect based on the successful news of last quarters earnings. We already know of several new sales which will start hitting the bottom line this quarter. There is a couple others things to consider....AMSWA should be buying back their stock, which should put upward pressure on the stock and maybe with this Asian problem one of the big boys might want an American company with American customers in the growing supply chain business.....enough of the fantasy, but you get my drift.