PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

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To: Pete who wrote (699)	1/9/1998 8:20:00 PM
From: Raptor	Read Replies (1) of 940

Pete, I am with Melissa on this one - where do you get 1998 EPS of .59? I assume your 1997 0.41 is split-adjusted from 0.82. For 1998, you are assuming just less than 44% growth. I do not agree nor do I think that PSFT's growth is going to slow to that degree. PSFT is looking at 75% themselves. Obviously you have stated your opinion which is fine, but don't hold your breath for $25 - unless some outside factor creates a calamity. I am not going back to look up the exact numbers for this message, but if you check back in Ocotber with Black Monday timeframe, PSFT didn't fare too badly compared to many others, so even a calamity might not do it. PSFT is down about 7 bucks (14 pre-split) in past week. Historically, this is a serious drop for this stock, so to imagine it dropping more than that again is not in my mind anyway.

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