CSG Systems International Inc. (CSGS) is a Productivity Resource for its Business Contacts
Almost every business faces periodic depressions in demand for whatever it may sell. Suppliers may not face matching adversity. They maintain remorseless cost inflation pressures if they can. Trade unions are ruthless in demanding higher wages even as business survival seems open to question. Customers have free market options. They want top quality at ever reducing prices. How can management cope? The value of this particular stock lies in the life-saving support it can provide to its industrial clients. The company is an excellent example of the role of the Business Services industry during times of simultaneous recession and inflation.…