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Strategies & Market Trends : LastShadow's Position Trading

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To: Jeff Jordan who wrote (28602)1/6/2000 8:10:00 AM
From: Souze  Read Replies (1) of 43080
 
PSFT info from Hoofbeat

HOOFBEAT 000106

------- large snip ---------

XXXX PEOPLESOFT XXXX

PeopleSoft today announced preliminary results with a twist. Official
expectations were only for 2 cents this quarter but they say they will make
between 2 and 4 cents this quarter. Bucking the Q4 slowness in Enterprise
sales, PeopleSoft actually had rising software license sales, beating the
growth in service revenues which is a switch for them. It will take several
more quarters to determine the true increase in growth they will experience
post Y2K throughout 2000.

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