Recent Peoplesoft Weakness (72 1/2 to 66) Message Board

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Technology Stocks : Recent Peoplesoft Weakness (72 1/2 to 66)

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

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To: Mark C. Bauman who wrote (27)	8/16/1996 11:43:00 PM
From: leibo	of 116

ITs a good short.. There P/E is way to high. Most Importantly, can they really compete with SAP. There product is primarily and HR Logistics Module. While yes they are moving into the Finance, Acounting, Materials Management, Product Planning areas as well they are at least three years or more behind SAP or more. This is a hyped stock. I would short at these levels. Look for it to drop to around the high 30's or low 40's.. Its clearly a players stock right now. M. Leibo

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