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Technology Stocks : Carnegie Group CGIX (READY FOR A MOVE?) -- Ignore unavailable to you. Want to Upgrade?

To: Sethpop who wrote (63)	6/13/1998 6:51:00 AM
From: Thomas	Read Replies (1) \| Respond to of 110

Seth. I am with you. I bought CGIX because I believe it is undervalued. However, not without some good reasons. It is a small company with largely "incestuous" carnegie mellon management & board (effectively entrenching its independance, and making an acquisition take out less likely). There are definitely some transitions going on at the company, and in the wake of the contract problems last year and the layoffs, it is facing a real risk of substantially increased consultant turnover. It has left a bad bad taste in the mouths of the few analysts who cover the stock (majorly disappointing at least twice). So, I think we willl continue to wallow here until management posts a couple more solid quarters and/or does some more acquisitions. So, while I agree that the company is cheap, it will take a while to regain confidence and rejoin the sector multiples. Cheers, Thomas

To: Sethpop who wrote (63)	6/24/1998 11:14:00 PM
From: Dave Doriguzzi	Read Replies (1) \| Respond to of 110

I have owned CGIX in the past (many 1000's of shares) and also believe that the stock looks undervalued. That is where our agreement ends though. This company is being penalized by managements past performance. They simply can't execute a business plan. Look at the revenues/earnings/stock price over the last 2 years. Who would want to invest in this business. They always have an excuse in their press releases. Same story different quarter, On and on. I have asked on this board (not for some time) what differentiates this company from others that sell professional services. If someone can answer this question - in a technical fashion, who knows I may invest again. Isn't this space exceptionally crowded with competition?