Peritus Software Services (PTUS) Message Board

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Technology Stocks : Peritus Software Services (PTUS)

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To: JSI who wrote (1485)	7/24/1998 8:00:00 AM
From: Michael Tedder	of 1960

Huge return to profitability(excluding the one-time severance charge for the 35 Millenium Dynamics employees they severed) in the second quarter with 30%+revenue gains. The conference call went well last night and Deary said that they will have an accelerated third and fourth quarter to give PTUS a "modest" profit on the bottom line for the year. That means that with q1 at -16c, q2 at +3c, q3 and q4 will have to be substantial to give them a modest profit. Their service based model works and they continue to sign Fortune 500 clients. This has become a "show-me" stock and they just showed us.

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