Peritus Software Services (PTUS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Peritus Software Services (PTUS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Brown who wrote (1542)	7/25/1998 10:42:00 PM
From: Big Dog	of 1960

Dear Jim: Please don't drive yourself crazy. If any of us understood Wall Street, we'd be rich! With regard to the upgrade (or not) of the analysts, H.C. Wainwright upgraded PTUS to "accumulate" (as I reported yesterday). During the CC, the Wainwright analyst asked two questions: What will the growth margins be going forward? Catalano answered that PTUS will seek to maintain 50% margins by continuing to invest in its technology to ensure constant productivity gains. Second, the Wainwright analyst asked what steps the company was taking to hold down costs? Deary answered that R&D will be held to between 8-to-11% of Revenues. Sales costs will be held to the high teens, and G&A must be held to less than 10% of Revenues. On the otherhand, the NationsBanc Montgomery analyst wanted to know what customer demand looked like for the second half of fiscal year 1998. Catalano answered that "demand continues to be healthy in the Y2K renovation service area, and Catalano is pleased with the healthy "pipeline" of its 'outsourcing' business." Notwithstanding this positive answer, NationsBanc Montgomery held firm with its "hold" recommendation. Hope that helps.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next