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


To: chirodoc who wrote (636)5/23/1998 10:46:00 AM
From: Tom Hua  Read Replies (2) | Respond to of 1670
 
Curtis, I don't believe MANU's problems are temporary and a quick fix will do. I have heard similar stories with RMDY, CLFY, SCOP, and RATL. After an initial huge drop, stocks continue to spiral downward for weeks/months, losing about 80% from their highs. Once analysts downgrade the stock, you know the love affair with the company has ended. By not taking questions from analysts in the CC yesterday, the CEO has antagonized WS even more. Brokerage houses are pissed because MANU leaked the bad news to Alex Brown first, allowing unfair trading for AB's clients. RATL management made the same mistake of disseminating information to certain analysts before going public. It resulted in several lawsuits afterwards.

There may be a DCB next week, but it doesn't look good beyond that. I would wait until the actual losses are reported next month before considering investing in this company.

Regards,

Tom