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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 (65)12/12/1996 2:22:00 AM
From: John S. Pasco, Jr.   of 116
 
John, You are absolutely right. I don't know where Mr. Cunningham gets his information but I have personally watched PSFT stock double and triple in value over the past two years. Earnings this year doubled each quarter over the same quarter last year. If the product is so third rate how come the revenues continue to rise? Someone must like the product. I think Cunningham is grossly misinformed and his tone a bit hostile for an objective commentator. Indulge us with facts for a change Mr. Cunningham.
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