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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Nanda who wrote (11169)	4/24/1998 4:42:00 PM
From: paul e thomas	Respond to of 13949

NANDA, All the financials were very strong. The earnings were exactly where I expected and on a well defined trend line.All the Y2k contracts are expected to be completed by mid 99.Satish expects further margin improvement.IMRS HAD 92 MILLION $ IN CASH on 3/31.My guess is now they will make an aquisition of an English IT service Company specializing in either the Finance or insurance industry.Satish gavethe clear impression CBSL paid a premium to get Claremont. I will be interested to read investment bankers rationale for price paid.