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Technology Stocks : PEGA - Pegasystems
PEGA 59.57-2.4%Nov 5 3:59 PM EST

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To: Trader Dave who wrote (297)11/19/1997 9:09:00 AM
From: li li   of 504
 
conference call detail:
FDC contract has three parts:
1) 49M if FDC does not cancel the contract in 5.5 years.
2) if FDC has any sales on PEGACARD will give $$ to PEGA
3) if contract cancelled today, pega will get 18M

current business is unaffected by FDC deal

pipe line is strong in all business sectors.

company is comfortable with Q4 without $750K
Company think F98 is on the right track.

Company has some shareholder insurance (no detail was given)
company has the evidence (BILL from E&Y) for 8K statement.

li li
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