Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of IT services vendor Cognizant Technology Solutions
So what: Cognizant's just-reported first quarter beat Street targets and drew rave reviews from analysts. However, rival Computer Sciences
Now what: Mr. Market seems to be taking Computer Sciences' weakness as a bad omen for the IT consulting sector in general. From giant Cognizant to little Syntel
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