PEGA - Pegasystems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PEGA - Pegasystems

PEGA 59.57

-2.4%

Nov 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Clam Clam who wrote (299)	11/19/1997 10:37:00 AM
From: Trader Dave	Read Replies (3) of 504

Yep, but Rick Sherlund is stepping up. Rick is a good guy and an ethical one as well. I doubt he would stake his reputation on an upgrade without a full look at things. the goldman call is that they're gonna hire an auditor soon. I also think goldman got a look at the pipeline, sounds like there's substantial success coming in telco and healthcare. I still like pega's technology alot. I'm not a cfa though, this accounting seems very strange. I'd love to know when e&y and the bankers found out about pega's payment (payoff? swap?) to first data in september. As a former shareholder, I didn't know about it. Another conflict: Trefler rants and raves about the $49 million commitment from fdc, with more to come from royalties. HOWEVER, he stated the "meltdown" figure of $18 million from first data. What's the difference? Trefler is a likable guy, is he trustworthy? clam is this worth the risk? my advisors would probably tell me to stay away and watch... TD

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next