Another favorite is Computer Sciences (CSC), a business- and technology-service and outsourcing outfit. Schier figures that the company's extensive government contracts, including those with the U.K.'s national-health service, cushion it against the economic downturn and position it well to profit from any health-care overhaul in the U.S. CSC's full-current-year (ending March 2010) earnings per share are seen at $4.18. "It's good at keeping governments happy in very mission-critical services," Schier says, while still being able to benefit from a cyclical upswing in the economy. The stock now trades at about 44; Schier thinks it should be in the mid-50s.

Good question? It sure hasn't treated me well. But, I do: Think it's worth $65-$80; Wouldn't be surprised if Lockheed goes back after it? Look at all their "awards"; they'll speak on mgm'ts behalf; although management has had a big "overhaul" in past year.Look at their clientele.
MANAGEMENT A REAL KEY HERE. NOT EASY TO FIND ALL THE KEY EMPLOYEES IN A COMPANY LIKE THIS.

From a recent Mad Money show: "This is a company that was going to be bought, but now I don't want anything to do with it."

From a recent Mad Money show: "This is a company that was going to be bought, but now I don't want anything to do with it."

GIANT OF IT'S INDUSTRY

decent comany

From Barron's 5-28-07

"The two most interesting areas within tech for high cash flow -- a feature always appealing to LBO buyers -- are software and IT services firms, including Computer Sciences Corp., trading at an extremely low 6.8 times operating cash flow, notes Shinnick."

upgraded

Upgraded by UBS from Neutral to Buy

7,675