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Technology Stocks : Peoplesoft (PSFT)
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: william bowden who wrote (28)10/26/1996 12:56:00 AM
From: Geoff Trachtenberg   of 56
 
Bill, over the long-term I have no doubt that you are right. None.

But in a shaky market . . . well, let's just say that like the "bigger they are the harder they fall," in a shaky market, the "less fundamental they are the harder they fall."

You are right this is a *really* high growth co. -- but Bill, at this level? Anyway, bears and bulls make a market.

Best of luck, GT
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