GPSI (Great Plains Software) Message Board

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Technology Stocks : GPSI (Great Plains Software)

GPSI 0.250

0.0%

Oct 30 4:00 PM EDT

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To: Sabrejet who wrote (11)	6/22/1997 9:05:00 PM
From: giddy guru	of 37

//gg// It is very difficult to find out whether the price is out of whack or not in the early days of IPO. Many stocks shot up and returned to earth (XYLN, NSCP...). Many shot up and stayed and continued to go high (PSFT, BAANF, CBTSY..). There is no definite pattern to fortell what might happen to GPSI. But the only observation I could make is that finacial software stocks (SAP, PSFT, BAANF) invariably had and have a rich p/e and rich in all other traditional parameters. GPSI may follow that suit than taking a different route. Besides the general market conditions need to be good for any upsurge. /gg/

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