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Technology Stocks : Peregrine Systems Inc. (NASDAQ:PRGN)

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To: D.Austin who wrote (448)5/1/2002 9:23:48 AM
From: M. C. Orme  Read Replies (1) of 492
 
Thanks D. Austin.

The analysts may have started this cycle but the news yesterday about KPMG needing more time with the books left by Andersen really dumped the stock price. PRGN announced they will delay earnings report for the quarter and fiscal year without giving any expected reporting date. You will definitely make your target buy and below no doubt. The question is, if and when it will recover.

Regards,

MCO
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