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: Rick who wrote (772)	1/26/1998 4:04:00 PM
From: Melissa McAuliffe	Read Replies (3) of 940

Rick, <<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>> If so, then stocks like BAANF should be dropping also.. But no so. Their earnings are Thursday (or thereabouts) <<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>> If so, would expect to see VNTV moving up. Also, not so. So that leaves us still in the dark. But looks like a close at 31 7/16 so I would expect to see this stock down tomorrow morning. Melissa

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