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: Marq Spencer who wrote (846)	2/2/1998 3:07:00 PM
From: Rick	Read Replies (1) of 940

Maybe. But I wouldn't bet on it. Peoplesoft business and competitive position continue to strengthen. Assuming that Tuesday's earnings report is the standard Peoplesoft 10-15% above published expectations and there are no external market shocks, PSFT should be firmly in the 40's this month. The important information on the options is that today's activity and the open interest in calls is significantly greater than the activity / open interest in puts.

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