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BUFFALO STOCK SPOTLIGHT

Computer Task Group Inc.
Buffalo-based information technology company's stock plunged by 12 percent last week after executives warned that its profits for the year will fall well short of analyst expectations because of sluggish spending on technology and the end of work to solve the Year 2000 computer problem.CTG said its profits will range between $1.04 and $1.08 per share this year, down from analyst estimates of $1.50 per share. CTG's stock is down 46 percent this year.
Common stock data
Latest close .... $14.75
52-week range .... $14.75 - $34.50
Dividend .... $0.20
P/E ratio .... 9.6
Beta .... 0.84
Average daily volume .... 93,520
Financial data
Annual profit .... $24 million
Annual sales .... $468 million
Earnings per share
latest 12 months .... $1.53
Estimated EPS for 1999 .... $1.06
Key financial ratios
Profit margin .... 8.7%
Return on equity .... 35%
Debt to equity .... 44%
SOURCE: Bloomberg News; Zacks Investment Research

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