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Logility Surges on Second Quarter Earnings Announcement
Logility, Inc. recently announced its financial results for the second quarter and six months ended October 31, 1999. In spite of the Y2K marketplace malaise, Logility reported a 60% increase in total revenue over the same period last year. Profits fell comfortably in positive territory at $0.07 per diluted share. Wall Street reacted ecstatically to the news, which caused Logility's stock price to more than double on Tuesday.

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