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


To: Trader Harvey who wrote (65)6/18/1998 5:13:00 AM
From: Thomas  Respond to of 110
 
Trader, remember that 1Q included write off of in process R&D as is typical for acquisitions of technology/ service companies. So that should not be a muddying factor in 2Q. I am concerned about two things, specifically (1) a *further* uptick in SG&A as a result of the new business development director (though he does not start until July 1-- carefully chosen 3Q impact?), and (2) consultant turnover-- a lot of CGIX consultants had resumes out as a result of the uncertainty from layoffs in 4Q, hopefully they can keep the number below 20%.
Cheers,
Thomas