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Technology Stocks : Peritus Software Services (PTUS)

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To: Reno Frazzitta who wrote (288)8/9/1997 11:12:00 AM
From: JDN   of 1960
 
Dear Reno: Unlike most Y2K stocks this ones FUNDAMENTALS look good. Check out latest balance sheet and income statement including SEQUENTIAL revenue growth. Technicals look bad because stock opened to public 10 points above the original IPO price. I think the institutions which got in at 16 are slowly liquidating their postitions. This will take awhile. When its over the fundamentals will come in and stock will begin to rise. Then you and other technical types will say how good the techinicals look. JDN
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