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

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Oct 29 5:00 PM EST

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To: Dave O. who wrote (41)	8/21/1996 9:48:00 AM
From: leibo	of 116

Hi Dave, The Boeing deal was a combination of both BAAN and PSFT. SAP was orginally involved in the deal from what I heard, however they choose not to particapate due to the large amount of customization work required for Boeing. From what I hear its been a difficult implementation for both BAAN and PSFT. I don't expect PSFT business to slow down over the next two to three years. This sector of the market is doing quite well. However I don't believe their P/E is sustainable for more than a another year. It only takes one bad quarter for a stock like PSFT to get hammered. Don't believe all the hype you hear on this stock. They've got their share of problems as well. And everybody is fighting for the few good Software specialist out their. Good luck! Leibo

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