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


To: Vaibhav R. D. who wrote (987)11/19/1998 2:28:00 PM
From: Richard Chow  Respond to of 1670
 
What prompted your interest in the stock to begin with?



To: Vaibhav R. D. who wrote (987)11/19/1998 3:21:00 PM
From: Doughboy  Read Replies (1) | Respond to of 1670
 
I don't know what to say having been burned by this stock so many times now. The last rally from 8-15 turned out to be a very well laid bear trap. I wonder if Prudential knows something we don't know. My feeling is, if you have patience, buy. But don't expect a turnaround until 2-3 quarters from now when companies start becoming confident that a recession is not coming and loosen the purse strings on their IT budgets. I think that Manu's technology is strong enough to weather this downturn without losing their edge (after all, all the ERP and SCM companies are experiencing their own problems and are focusing on shoring up their own bases rather than attacking someone else's). JMO.

Doughboy.