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

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To: Rudi Strobl who wrote (36)10/28/1996 10:02:00 AM
From: Geoff Trachtenberg   of 56
 
Diana = Formerly meat and fish packing, now allegedly switches

Peoplesoft = Always HR; rapidly expanding and growing

BOTH = Grossly overvalued relative to their current & future potential!

There are differences b/w every company -- don't pick nits Rudi.

>>And if you and the 90% of investors that you claim "bid up the price of this puppy" did so without understanding the economics and the inherent volatility in stocks like PSFT, then they deserve no better.<<

I can see, you are not exactly one of those warm and fuzzy people. Well, Rud, if you think people traditionally understand co's that they invest in, then you are operating under serious misconceptions.

>>Third quarter revenues grew 92% year-over-year and earnings 100% respectively.<<

This is true, I was wrong. Do you think it will grow next year by the same percentage? Of course you do.
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