Recent Peoplesoft Weakness (72 1/2 to 66) Message Board

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Technology Stocks : Recent Peoplesoft Weakness (72 1/2 to 66)

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

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To: Raptor who wrote ()	10/6/1996 6:36:00 PM
From: Joe See	of 116

Gregg, I'm glad you did so well this year. I did as well. Just to remind you though, last October, the stock ran up just before the release of their typical 2 cents above expectations numbers. It then, just as fast dropped, the same day the numbers were released. It is flying a bit too high too soon. I watch & play this stock quite a bit and I'm nervous. Just hope Cabott's recomendation does'nt do to PSFT what it did to IOMEGA & Presstek. I see a major dip before the numbers are out, possibly mid-70's. One more thing, any knowledge on how Red Pepper buy will be handled? Just a 5% dilution ? ‹‹

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