To: Jenna who wrote (19865 ) 12/13/1998 10:00:00 PM From: Jenna Respond to of 120523
NEON.. and computer software service sector. is one of my favorite stocks in an excellent sector computer software services. It had 563% increase in price this year. Last Quarter EPS of $0.10 will now expecting $0.08.. probably the last quarter that will be a loss from the previous quarter. NEON sales looking better for 1999. This years loss of $$0.48 is expected to turn into a gain of $0.38.. Next quarter's growth rate is estimated to increase by 50% and next year's by 90%.. This is a intermediate/long term hold and is part of an extremely fast growing sector. This sector is projected to rise strongly in 1999.. Year to date through December 3,1998, the industry index advanced 64.8%, versus a 16.1% increase for the S&P 1500. Software vendors are using their mainframe expertise to develop and promote products that help manage, administer, and support large distributed(client/server) systems. Beneficiaries of the migration to client/server systems are software for enterprise resource planning and systems management. There is still a need to driven by the need to access, manipulate and display ever-increasing amounts of information, both ‘‘structured'' (text and numbers)and ‘‘unstructured'' (graphics, video and sound) from different computing environments. Huge opportunities exist for software relating to the Internet market including electronic commerce, intranets and network security. It is this integration with internet that will make these companies sky rock in my opinion. Demand for computer services is strong, fueled by difficulties in integrat hardware from different vendors, advances in technology, complex network configurations, and inefficiencies associated with maintaining an in-house information services staff. Some other companies to consider and that I will be watching for increases related to earnings reports are: ASDV, PRGN, BOOL, BVSN (doubled in 30 days) MERQ, USWB, VSIO