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Technology Stocks : PEGA - Pegasystems
PEGA 63.65+0.1%Oct 31 9:30 AM EDT

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To: Early Out who wrote (450)12/15/1998 9:53:00 AM
From: seth thomas  Read Replies (1) of 504
 
This stock has collapsed. Anyone following it? I don't own any (got in and out, made a small profit a month or two back) but wondering if it is worth buying.

It has a ton of problems internally, and the whole financial and accounting issue is scary. Nonetheless, they seem to have real customers and real revenue. Is it worth buying at this level? Or is it dead money? Is it going to turn into a CNTR and hang out at 2 or 3?

At this level, it's not really marginable, and most portfolio managers won't look much at sub-4 or -5 stocks. SO, what happens? Anyone have a sense of the current NASDAQ delisting situation or how PEGAE's financials are going to come out? Is this company a Ponzi scheme?
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