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Technology Stocks : Recent Peoplesoft Weakness (72 1/2 to 66)
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: John Goode who wrote (62)12/12/1996 12:24:00 AM
From: Clay Cunningham   of 116
 
I am glad this thread is becoming active again. I have
a strong disdain for overvalued software stocks. Only
one in a hundred end up being worth their weight--so I am
doing a public service to warn people. PSFT was selling for
$40 back in 1993 and was $35 earlier this year. That equates
to a loss for most investors over a four year period. That's
not the sign of a good company--agreed?
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