PSFT - A new high. Should we expect more? Message Board

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Technology Stocks : PSFT - A new high. Should we expect more?

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Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (382)	5/29/1997 2:32:00 AM
From: peoplepal	of 419

Paul, glad to see you are still with us. I decided to take a look at PAIR for a while before buying in and now regret it of course - your timing was spot on. I may still buy in giving your recommendation. Meryll Lynch had (and may still have) a target price in the mid $70s for PSFT this year. I think this is still achievable given the recent good news from PSFT coupled with the fact that they are grabbing market share from SAP. Mid term seems like growth for the next 3 years is forecast at 80%, 60%, 40% or thereabouts.

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