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: Melissa McAuliffe who wrote (1685)	7/29/1998 10:28:00 PM
From: bronze	Read Replies (1) of 4509

Last Sunday I saw ads in the New York Times for PeopleSoft consultants promising 200-300K. If any of the peoplesoft people on the bench get bored maybe they can console themselves with a low six figure income. In any case, I think that the applications market is strong and is growing. Oracle's Larry Ellison is focusing his attention on the applications business. I really doubt that he would devote his time to a shrinking market. I think he sees a genuine opportunity here. In short, I think the issue with PSFT is a short term focus on Wall Street stats and not so much an indictment of the business model. Just a thought(s).

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