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Technology Stocks : Manugistics, Inc. (MANU) -- Ignore unavailable to you. Want to Upgrade?

To: Clam Clam who wrote (592)	5/22/1998 2:07:00 AM
From: AlienTech	Read Replies (2) \| Respond to of 1670

This says it all.. After what happened last Q's earnings it aint gona be a pretty picture for the next few weeks. I would buy puts here no matter what since tomorrows blood letting wont even be close to whats going to happen in the next week. The bears will be all over this one now. BE SMART! BUY PUTS! MANUGISTICS GROUP INC. (MANU) 48 -8 3/4. Shares of chain management software concern have come under heavy selling pressure today after an analysts at BT Alex. Brown expressed some concern over upcoming Q1 results. The cautionary flag that Alex. Brown raised has hit the stock hard as the stock has lost more than 15% of its value today alone. According to analyst Christopher Mortenson, Manugistics still has a good chunk of outstanding sales that needs to be closed by the end of this month. Because of the level of outstanding business that has yet to be booked, earnings for the quarter could come in shy of earnings expectations if sales do not materialize or are delayed one quarter. At present, Wall Street is looking for MANU to earn $0.13 a share, versus year-ago profit of $0.09 on revenues of $34.2 million. Given that the company has now entered its quite period, it has declined to comment on the status of the sales in question, but given the price appreciation this issue has seen since late March, it does not take much to trip the company and cause a major price decompression. Even after the price retreat seen in the last couple of days, the stock still trades at a 54.5 times multiple to its projected 1999 earnings of $0.88 a share. At this high premium to earnings, there is little room for error.