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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?


To: John Arnopp who wrote (1636)9/4/1998 3:45:00 PM
From: llwk7051@aol.com  Read Replies (1) | Respond to of 4467
 
John, Hopes this helps.
NEW YORK, Sept 4 (Reuters) - Fast-growing computer consultant Cambridge Technology Partners Inc. warned that project delays caused by customer concerns about the threat of Year 2000 computer issues could slow revenue growth in 1999.

In a conference call Friday afternoon, Chief Financial Officer Art Toscanini said that these project delays could lead to slower annual revenue growth of between 40 and 45 percent, down from the company's traditional rate of around 50 percent.
The conference call -- put together on short notice -- came in response to a sharp decline of more than $8 in the company's stock as Wall Street learned of the company's new concerns.
Good luck to all,
Robert D.