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Thursday, 12 February 2004
"Trading Transparency" CSC
Computer Sciences (CSC) came in with their earnings and they were a bit light on revenue (per analysts), also, they have been put on notice by the IRS that their contract may be changed to bid out portions of their computer work...that is my take on the news...anyway...stock is down sharply today...trading at $42.87 as I write, down (8.04)% on the day...the loss I have incurred is only about 6.5%, but with my equity still around 39-40%, I pulled the plug and sold 200 shares a few moments ago at $42.84. I had purchased my 200 shares on 1/5/04 at $45.79/share.

P.S., am looking at ECHO, Electronic Clearing House, as they are doing well today and came in with a great quarter...may be adding this as #25. Will keep you posted!

Regards.

Bob


Posted by bobsadviceforstocks at 11:00 AM CST | Post Comment | Permalink

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