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Technology Stocks : PSFT - 1997 Outlook [closed thread]
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (570)12/4/1997 1:00:00 PM
From: Melissa McAuliffe  Read Replies (1) of 940
 
Paul, From the IDC report <Saturation of the high-end market coupled with delayed channel development in mid- and lower-tier markets has resulted in slowed growth.> Well...PSFT has outperformed this segment without doing anything significant in the mid and lower tier markets until fairly recently. So it would seem that PSFT is aware of the need for this and has taken the steps to get things moving in that part of the market. So can only conclude...more growth to come once that division starts making a significant contribution. I think it was only started in or around July of this year and it probably has a start up period before revenues start to kick in. So I doubt we have seen much from them in the prior numbers.
Melissa
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