Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (89230)	7/1/2002 3:48:49 PM
From: Softechie	of 99280

Crooks at work...Software Application Industry Update : Inputs on business conditions continue to be mixed and market remains challenging, according to Soundview Technology. Firm believes negative sequential performance is being priced into stocks; expects shares to begin strengthening post preannouncement period; names PeopleSoft (PSFT 14.55 -0.33) and Oracle (ORCL 9.26 -0.21) as favorites. Banc of America thinks U.S. demand is slow; does not expect any material up-tick in demand in 2H02 for group; reiterates Buy rating on ORCL; lowers ests for PSFT and Siebel (SEBL 13.30 -0.92).

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