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 (822)	1/29/1998 8:36:00 PM
From: Rick	Read Replies (1) of 940

From Sep 97 quarterly report: Revenues from international operations increased by 74% to $34.8 million or 16% of total revenues for the third quarter of 1997, compared to $20.0 million or 17% of total revenues for the same quarter of the prior year. Random Thoughts: 1) Any mis-steps by Baan will be to the benefit of Peoplesoft. If interested, go to www.upside.com and read Yankee Group / Howard Anderson analysis of software industry...to paraphrase "Peoplesoft is great, Baan is about to implode on it's own mis-steps". 2) The BAAN downgrade is not a surprise and I wouldn't read into it anything about the overall ERP industry. Baan has currency issues that hit top and bottom line about 10 - 15%. They are in the process of absorbing the Aurum takeover. 3) The most successful software companies have created a business culture of single minded focus on the companies mission and serving customers. It may seem like a minor thing, but I wonder how a company with 2 headquarters, Netherlands and U.S., can get everybody pointed in the same direction. It just does not seem very efficient. SAP has the same situation - Any thoughts about this ? Cheers. John.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next