PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

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Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (593)	12/6/1997 10:54:00 PM
From: Fletch	Read Replies (1) of 940

MM: PSFT entered into a tech. licensing and distribution agreement with Red Pepper in June '95. I believe it was that collaboration that was identified as PeopleSoft Manufacturing, Inc. The joint activity permitted PSFT to design and deliver an Enterprise Resource Planning solution (ERP) that fully exploited the advanced planning technology for manufacturing. When they realized that Red Pepper was a "Best of Breed" and had the best planning and optimization technology in the marketplace. PSFT bought them to prevent other ERP providers from having access to the product. Hope this helps. In my opinion, the outlook for PSFT continues to look good and will be further strengthened as they implement their sales strategy aimed at the next tier of prospects for all of their ERP solutions...HRMS, Financials, Distribution, and Manufacturing.

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