PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: GJD who wrote (1572)	7/22/1998 2:16:00 PM
From: Melissa McAuliffe	Read Replies (2) of 4509

Well...the growth slowdown wasn't unexpected. This has been coming for some time now since software growth rate started declining at least one (maybe two)quarters ago. And psft has given guidance on this. Maybe people just thought they were trying to be very conservative when in fact they were being somewhat realistic. Actually this is when the deferred revenue comes in handy. But this is the 2nd qtr where psft only beat estimates by .01. I don't think all this drop is from sympathy w/CA or Greenspan. There have been more than 13M shares traded today. I think it's just money moving out of psft and looking for greener pastures. Not that anything is wrong w/psft. Just that the growth rates are declining. There's nothing wrong w/svcs. growing faster than software. If software is growing over prior periods. At least that's MHO.

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