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Technology Stocks : Persistence Software Inc - (PRSW)

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To: bob zagorin who wrote (84)6/24/2000 10:53:00 AM
From: fmikehugo  Read Replies (1) of 95
 
In my experience Mike Murphy is an excellent judge of individual companies, but with PRSW he has not done well in predicting the influence of events on prices. Twice this year he has predicted "corporate events" that would move the stock price. They happened, but had no lasting impact on the price. His latest CTSL, received this morning, says "Announcements are coming... and will run the stock." If its another partnership or alliance, I don't think it will. Only a nice fat buyout will.
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