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Technology Stocks : Peoplesoft (PSFT)
PSFT 0.00010000.0%Oct 29 5:00 PM EST
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To: Tom Smith who wrote (42)10/28/1996 10:28:00 PM
From: Geoff Trachtenberg   of 56
 
A class act as usual Tom. You raise some good points and your knowledge and experience lend exta crediblity to your opinions. I think the only thing we truly disagree on is valuation. That's fine, and since you are a longtermer, any big correction that might occur is immaterial.

FYI: I will be covering PSFT tomorrow. I do not beleive in looking a gift horse in the mouth. The only why I would not cover is if it reversed course up to 92 again (anything is possible intraday!).

p.s. Sorry Bill--I thought you meant something else. What do you think of shorting VOCLF? Jon?

Good luck all!
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