SAIC Loses Largest Client?

YIKES for SAIC Loses LARGEST Contract....there is a God. Word is spreading...

http://www.cnbc.com/id/47861699

"When SAIC held the contract, it generated about $400 million in revenue per year for the McLean, Va.-based company, or about 3.6 percent of its annual total, said Stifel Nicolaus analyst William Loomis. "

"THE ANALYSIS: "We are maintaining our 'hold' rating on SAIC given an increasingly difficult federal market, and the loss of SAI's largest contract furthers these headwinds for SAIC," Loomis wrote in a note to investors. "