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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: David W. Ricker who wrote (1642)7/28/1998 4:32:00 PM
From: abhi  Read Replies (1) of 4509
 
I agree with you in toto. PeopleSoft is a company with strong fundamentals unlike today's Internet companies. I also strongly believe that PSFT is going to do good in the long run. I am also a long-term investor like you and I have total faith in the PSFT stock. Right now, I feel, most of the money is going for Internet Stocks. Why so many people are after Internet Stocks -- difficult to understand. None of the internet companies have shown any profits. It is quite difficult to understand where these internet companies are going to be ten years from now. Today YAHOO's market cap is close to the market cap of PSFT. Can you believe this??? It is ridiculous! Once the investors differentiate right from wrong, good from bad, they'll come back to socks such as PSFT. .. Hope that day is not far enough...
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