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: Joe See who wrote (50)	10/14/1996 8:29:00 PM
From: Jeffrey Margolis	of 116

Joe, I'm new to PSFT, but am curious about the earnings pattern you refer to. Did the stock tank before or after earnings came out just 2cents above expectations (or both)? Also, did it react the same way at the end of the june quarter as well? I'm wondering if we have a potential CSCC type situation, where we have a high flyer and shortly after it announces earnings, reality sets in, even though earnings exceepd published expectations. (This happened for CSCC's last two quarters). Thanks for any help you, or Gregg, can offer.

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