Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CHRZ - What is the near term outlook? -- Ignore unavailable to you. Want to Upgrade?

To: M. Carver who wrote (198)	2/16/1999 10:36:00 AM
From: William F. Wager, Jr.	Respond to of 443

"We are extremely pleased with our solid financial performance in 1998 having reached our one-half billion dollar revenue goal and achieving a 79 percent increase in net income over 1997. As importantly, Computer Horizons is rapidly executing on its strategy of transforming from a supplemental supplier to a strategic partner to our customers. Our internal investments in technology skills and experience in large-scale project management, combined with the six acquisitions we made in 1998 position us to capitalize on the growing demand for e-business and related services," commented John J. Cassese, Chairman and President. Cassese continued, "During the fourth quarter, we combined our previously separate Staffing and Solutions divisions, together with our Canadian and UK operations into a worldwide IT Services group. Furthermore, our Princeton Softech, RPM, training and education, ERP and CRM divisions will operate under a group we are calling Emerging Practices. We believe that this organizational structure will better facilitate our cross-selling efforts across all of our business units and enhance our transition to a strategic supplier, as we can more efficiently deliver an integrated suite of service offerings to our customers."