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Technology Stocks : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?

To: Daniel G. DeBusschere who wrote (1140)	8/25/1998 12:18:00 PM
From: Daniel G. DeBusschere	Read Replies (1) \| Respond to of 1841

Example of EDS E-commerce activity --- Network launched for HK trading firms HONG KONG, Aug 25 (Reuters) - CargoNet, a Hong Kong on-line services company, announced on Tuesday an electronic network that allow firms in international trade to do business with each other, eliminate paperwork and cut costs. The Arena network provides access to trade-related services offered by companies in transportation, finance, insurance, information services and government, Ian Craig, chief executive of the three-year-old CargoNet, said at a news conference. Subscribing to the service costs HK$688 (US$89) per month. It is aimed at small to medium-sized import and export companies, which number 230,000 in Hong Kong, Craig said, but there are plans to expand in Asia ''in the short term.'' Customers will be able to conduct business on-line while saving on labour, communications and other costs, Craig said. He said the service's innovations would help Hong Kong remain competitive among the world's major trading centres and at a time of economic challenges. The U.S. firm Electronic Data Systems Corp (EDS - news) holds a 22 percent share in CargoNet. *************************************************** An Internet Example that will revolutionize IMPORT/EXPORT business processes.

To: Daniel G. DeBusschere who wrote (1140)	8/25/1998 10:07:00 PM
From: Stanley G.	Read Replies (1) \| Respond to of 1841

Nice response. I am also long on EDS. Call investor relations and ask how much work is backlogged. It is BILLIONS and BILLIONS. In the past year a hand full of MEGA deals have been signed. Not likely to be a good third quarter. GM strike hurt and Les gets .05 cent a share 35 million. (Double check the final numbers) Should get a short term spike with the anouncement of a new CEO. Looking for movement for the end of the month. Then I might seasonally trade out and wait for a pull back. Played 36 to 42 and back in at 38. Might check out at the end of this month.