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Technology Stocks : Manhattan Associates, Inc. (MANH)
MANH 240.11+3.0%Jun 21 4:00 PM EDT

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To: Jin Chun who wrote (6)4/23/1998 8:21:00 PM
From: fred douglas liebling  Read Replies (1) of 19
 
Just try to imagine how well this ipo would have done last week when manu and sap soared into the great beyond; whereas today they had their debut in the ashes of a suddenly fallen sector! Even with the great article in Barrons, this one fell off the radar screens, and therefore I think those of us who bought today are gonna be real happy a few weeks, or even days,from now when the buy recommendations come out! This one's gonna fly with the rest....I just don't think a big bump like today is gonna derail this sector; earnings are still very real and very amazing. Certain momentum players run in and out but the EARNINGS of companies like PSFT, SAPHY, MANU, are real and their high PE's are the premium. good luck, fred
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