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Technology Stocks : PSFT - A new high. Should we expect more?
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Webbster who wrote ()6/6/1997 8:09:00 AM
From: Ken Merwin   of 419
 
PeopleSoft and Andersen Consulting Unveil Federal Financial Software Strategy

BETHESDA, Md.--(BUSINESS WIRE)--June 6, 1997--

Leading Application Provider and Global Consulting Organization to

Deliver Financial Applications to the U.S. Federal Government

This is the heading for a news release regarding PeopleSoft. I'm not sure how to paste in a URL link but I'm sure most of you know how to get Business Wire complete articles.

One of the items addressed is Year 2000 compliance; I understand from other sources that the Gov't is woefully behind in addressing Y2K issues in legacy systems, etc.

I would also suspect that this move into governmental accounting would be relevant to states, etc. due to similar accounting issues.

Ken Merwin
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