PSFT - 1997 Outlook [closed thread] 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 : PSFT - 1997 Outlook [closed thread]

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Melissa McAuliffe who wrote (771)	1/26/1998 3:40:00 PM
From: Rick	Read Replies (2) of 940

Possibilities: 1) General market jitters (asia, clinton, current downtrend, etc.) causing those with gains in high P.E. stocks to take their money/profits off the table 2) Earnings related leaks 3) Rumors (Howard Anderson, Yankee Group) about Peoplesoft acquiring Vantive, or other front office developer. If this comes to pass there would likely be a drop in price even if it makes sense strategically I would guess that earnings will be good/great. An acquisition would probably take a while to digest, especially if it is Vantive which has a market cap over 700 milliion, so would probably cost about 1.0 billion. It would be accretive to earnings, but the combo likely would bring the earnings growth below PSFT's current rate. Anybody have any comments, or better yet, facts ?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next