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Technology Stocks : Platinum Technology

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To: EL KABONG!!! who wrote (3491)4/9/1998 7:05:00 PM
From: Richard Jurek  Read Replies (2) of 4148
 
FYI: From Soundview: Research Highlight - Gartner Conference

Stock: PLAT
Rating: Buy/Hold
Date: April 8, 1998

At the Gartner Group Predicts Conference, the PLATINUM session was by far the
best attended with an extended question and answer on product strategy,
acquisition integration and profitability. We believe PLAT had a good March
quarter with a good pipeline of business going forward. PLAT continues to do well
in system and database management against far larger competitors including CA
and IBM/Tivoli and is enjoying the benefits of having a large scale distribution
network. The PLATINUM stock remains too undervalued to ignore at $22 and we
would absolutely buy stock here with our $37 price target in mind.
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