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

To: William F. Wager, Jr. who wrote (245)	3/11/1999 8:59:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 443

What a load of crap. Had the company's Y2K biz constituted 67%, the ANALysts would have slammed it for being too dependent on Y2K biz. The price pull back is far over done in relation to the earnings pull back. Are these twits waiting for a P/E of 5 to then become bullish on CHRZ once again? TG

To: William F. Wager, Jr. who wrote (245)	3/11/1999 3:03:00 PM
From: John Xu	Respond to of 443

>> In the middle of last year, Computer Horizons' Y2K revenue >> peaked at about 33% of overall sales, and has been declining >> steadily since. How much new business the company can find to >> replace it "is the big question mark," says the firm's chief >> executive, John J. Cassese. >> Is this misquoted or JC is so stupid to talk down the stock? >> He projects that Y2K business will >> account for just 10% of estimated 1999 sales of $620 million. Last year's revenue is $514. $620 represents an increase of 20%. This is not only healthy but a very solid growth.