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To: j g cordes who wrote (37467)	3/26/1998 7:42:00 AM
From: donald sew	Read Replies (2) \| Respond to of 58727

INDEX UPDATE -------------------------------- Last Friday the DOW closed at 8906 and so far we are still below it, so for this week so far we are slightly down, although the HiTECHs are up for the week. So far this week we had 2 dips in the DOW, one on TUE and one yesterday. It may not seem much, but this is the first time since this rally started that we had 2 100 point intraday dips. These mini-dips are occuring more frequently starting about 2 weeks ago and for this week we had 2 of them in 3 days. This morning again, CNBC mentioned that there is talk on the trading floor that the bias may be changing towards the possibility of the FED increasing rates. Whether that is true or not in the future, just the fear of that could hurt. The interest rates jumped substantially yesterday, and if it continues we could hit the 6.15% level by the 2nd week of April, as previously mentioned. Watch those interest rates, since that could be the key to bring this market down, at least for the short-term. Yes I realise that many are saying that interest rates will drop to the 5-5.5% range, but if you check the charts, it is a very clear upward trading chaannel with higher highs and higher lows. Maybe the interest rates will drop but for the immediate short-term its heading up. For the overall market the short-term technicals are still showing a bias to the downside for today. In the recent past these 2nd day bias to the downside did not work. If the market is weak today, or at least flat then that would be a another indication that normality is starting to return. The ADVANCE/DECLINE and the NEW HIGH/NEW LOW analysis is still showing further movement up, but that is more for the mid/longer-term. The quarter will be ending in 4 days, so the mutual funds have their deadline. I am not sure how that works exactly, so if anyone can help. If there is a futher dip this week, this may help the month end/quarter end rally which will send the market up starting next Monday for most of the week. That should be the interim top of this rally and weakness should increase. Then the actual earnings and interest rates and liquidity will determine further direction of the market. For the longer term could this rally be similar to that of 1996 where the top occured in MAY. That was the year that money was rotating into the small/micro caps with strength, and with this rally there are also signs of such. Seeya

To: j g cordes who wrote (37467)	3/26/1998 9:10:00 AM
From: Bart	Read Replies (2) \| Respond to of 58727

I look forward to it Jimmy! They are buying a ton of CCEE this AM...They won a big contract with IBM...I'm in. BOHEMIA, N.Y.--(BUSINESS WIRE)--March 26, 1998-- IBM Designates Computer Concepts As An IBM Business Partner-Personal Computer Reseller Computer Concepts Corp. (NASDAQ-CCEE) (CCC) today announced that it has been selected to deliver in excess of $30 million in products and services to a leading financial services firm. CCC also announced that IBM has recently designated the Company as an IBM Business Partner-Personal Computer Reseller which effectively allows CCC to remain extremely competitive when bidding on multi-million dollar projects. Subject to the terms and conditions which have been agreed to, purchase orders for products and services exceeding $30 million will be issued to Computer Concepts over the next 12 months. This project alone will exceed total 1997 revenues of approximately $30 million. Dan DelGiorno, President and CEO of Computer Concepts, stated "While the Company has strategically invested in many of these large projects which have a long sales cycle and require substantial, up front investments, it is finally starting to see the rewards generated by these investments." He added "I am extremely pleased that this major firm has chosen us to deliver these products and services, and presently there are several other large projects which, if awarded to CCC, will further increase the 1998 revenues." This release contains forward looking statements which are based on current information and on management assumptions, and are subject to other important factors disclosed from time to time in the company's Form 10-K and Form 10-Q , Registration Statements and other Securities and Exchange Commission filings including specifically, among other factors, changing marketing and economic conditions, timely roll-out of its products by licensees and acceptance of the company's Internet based d.b.Express, SST and Year 2000 technologies. Actual results may differ materially from the forward-looking statements in the release. Computer Concepts Corp., headquartered in Bohemia, New York, develops software tools including d.b.Express that assist end users in the retrieval and visualization of all types of data, and is an IBM Business Partner-Personal Computer Reseller. Computer Concepts' d.b.Express Internet Information ServerTM has recently been licensed by British Telecom, and has been integrated with British Telecom's Syncordia Services' C-View software application which will allow BT's customers to access and analyze the high volumes of technical and account information available within BT's Internet-based databases without having to download the data to their own computers. The new d.b.Express Internet Information ServerTM and JAVA Applet have overcome a major Internet problem, that of high data volume and limited bandwidth, currently responsible for the lengthy delays associated with data downloading. SOFTWORKS, Inc., headquartered in Alexandria, Virginia, is a leading global provider of IT solutions for the enterprise and a wholly owned subsidiary of Computer Concepts Corporation. Founded in 1977, SOFTWORKS responds to the data management needs of organizations worldwide, supporting customers in more than 50 countries with solutions for the Year 2000 problem, enterprise performance management, multi-platform data and storage management, and professional services. SOFTWORKS customers include nearly 80 percent of the FORTUNE 100. Computer Concepts and its subsidiary employ a staff of 217. For more information about Computer Concepts and SOFTWORKS, call (516) 244-1500 or visit Computer Concepts' web site at www.computerconcepts.com or SOFTWORKS' web site at www.softworks.com. CONTACT: Fielding Dupuy (212) 627-0814 or Gary Kolesar, VP Investor Relations Leigh Athans - Investor Relations Manager Computer Concepts Corp. (516) 244-1500 Search for: Enter Stock Symbols (eg: IBM, T, GM) or Company Name.