CSC's cash cow now dry? ref: previous post.
So the UK government has finally bitten the bullet and given the decision to close the disgracefully late and failed system it bought from CSC.
The big questions now are:
What will be the impact on CSC earnings?
What will be the impact on employees?
What will CSC tell analysts on its next earnings call?
Will they fess up to the true state of monetary write-offs needed to clear this from the books?
What will CSC tell clients as this obvious failure damages the company's reputation.
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