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Technology Stocks : PEGA - Pegasystems
PEGA 58.32-2.1%12:53 PM EST
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To: Bill Harmond who wrote (241)11/7/1997 1:28:00 PM
From: Trader Dave  Read Replies (2) of 504
 
note they fired or got E&Y to resign. I wonder what really happened? When did E+Y find out about the payment from pega to fdr. if they found out about it later, they were right to reverse themselves. if not and it was an arbitrary reversal, E+y messed up. i doubt we'll ever know.

given the risk and a price to sales ratio well over ten and given the issue that they may be overstating license sales, where should this thing be bought?

TD
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