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Technology Stocks : TSR, Inc. [TSRI] Good Earnings! -- Ignore unavailable to you. Want to Upgrade?

To: SIer formerly known as Joe B. who wrote (221)	3/24/1998 3:17:00 PM
From: Renee Scherb	Respond to of 281

You're starting to look pretty smart about that bottom! <g> What hit this stock, anyway?? Why is its p/e so low compared with Keane or CTG Computer Task Group (TSK) ?

To: SIer formerly known as Joe B. who wrote (221)	3/24/1998 3:23:00 PM
From: Renee Scherb	Read Replies (1) \| Respond to of 281

* TSR INC reported 3Q EPS of $0.17 vs $0.08 on revenues of $17.9 mln vs $13.0 mln last year. (Reuters 11:43 AM ET 03/23/98) * TSR INC said it remains confident of its prospects even though the pace of its Year 2000 business has failed to match its original estimates, due in part to growing competition and longer sales cycles. The company also warned of the unpredictable timing of customer orders for Year 2000 conversions, which could result in a possible uneven revenue flow. "At the present time, we have received less code from customers than we had expected based on clients' original estimates," Chairman Joe Hughes said in a statement. In addition, TSR is experiencing more intense competition, which in turn is creating a longer sales cycle, he added. (Reuters 01:05 PM ET 03/23/98)