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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: Raptor who wrote (633)12/9/1997 11:39:00 PM
From: Chuzzlewit  Read Replies (2) of 940
 
Hi Raptor,

I appreciate your recap of PSFT. I would just like to add a couple of thoughts about PSFT's growth. It seems to me that growth has been spurred by a combination of excellent marketing, rapid installation and implementation leading to excellent customer satisfaction, and a very clever method of growing the products they carry (as in Campus software).

It could very well happen that PSFT will be dragged down by ORCL for the rest of the year, but remember that the CEO said he was comfortable with 75% growth for the remainder of the year, and bearing in mind that "deferred revenues" gives us a wonderful window on upcoming revenues we migh have an excellent buying opportunity between now and publication of earnings.

** OFF TOPIC ** BTW, Hank McNabb is from Arkansas, and I've been giving him a hard time over his belief in T/A. If he wants to tweak my nose a bit, I don't mind. He's gotten so rich off of T/A that I understand that he's funding a retraining institute for out of work dowsers <VBG>.

Regards,

Paul
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