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Technology Stocks : PowerCerv - Software/Consulting PCRV

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To: A. Calcagno who wrote (27)	9/19/1997 2:16:00 PM
From: Alex Wulder	of 46

Well, A., the problem is that I used to receive Alex. Brown research reports on this company that gave me some insight in their business. Some of these reports are now under fire in the class action lawsuit as being unreasonable 'booster shots' meant to drive up the price after their IPO, and I guess that is one of the reasons that has caused the info flow coming from Alex. Brown to dry up. Add to that the fact that PowerCerv itself is not going to win any award on timely keeping shareholders up-to-date, and you can see that right now investors are left pretty much in the dark. The big SNS Bank contract they got intests me, but did they make any money on it? Or did they sell it at (or even below?) cost to set a precedent? I guess we find out what's going on when we get to see the latest numbers. NOT that I'm overly optimistic on these, but a sizeable amount of negativism seems included in the share price already. -Alex

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