PEGA - Pegasystems Message Board

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Technology Stocks : PEGA - Pegasystems

PEGA 59.59

-2.4%

3:59 PM EST

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To: li li who wrote (353)	2/13/1998 1:00:00 PM
From: Ludo	Read Replies (1) of 504

>> 3.The earning is on target If that is true, then the stock is maybe just a bit overvalued, but not so much. I hardly understand how those earnings have been estimated however. Did they slashed in general expenses and administration or did they quadrupled their sales in the last quarter, despite a severe shrink 3 months before? I have read here that their sales channels has been changed to work with a distributor, but could this change really generate such an income increase so quickly? I would really like to get more details about the "accounting issues" however, since this seems to plague the stock. Someone could explain in details? Ludo

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