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Ciber, Inc. Message Board

  • fjgto fjgto Apr 11, 2000 10:22 AM Flag

    Sector Performance

    The performance in the 1st quarter for Ciber and
    others - Keane, Sykes is dismal- hope it turns around
    soon. I still think the prices are so cheap that
    buyouts or mergers are possible - maybe be the only way
    to get costs in line with shrinking margins.

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    • It's tough to predict first qtr numbers,
      considering the change in business strategies for Keane,
      Ciber, etc. While long term growth looks very positive,
      I think there will be 1 or 2 more down qtrs before
      it turns around.

      As you probably know, the
      cost of doing business in the b2b world is high,
      especially personnel costs. I agree that consolidation in
      this sector is very possible. The big players
      (IBM,EDS,KPMG,Anderson...) are competing for the same limited pool of
      bodies, so anything could happen. Ciber grew by eating
      smaller companies, but a bigger fish could be in the
      pond. The sector will recover but it may look

      For now, CBR, KEA, CHRZ, CATP, ANLY, etc. need to
      grow their businesses and post good earnings. The
      market has recently dealt crushing blows to companies
      missing estimates. CBR shareholders have waited a long
      time since the post-split prices of $35-37. If CBR
      misses estimates, I'm worried that we might see $10 or
      less in this market.

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