Peoplesoft (PSFT) 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 : Peoplesoft (PSFT)

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glinda who wrote (53)	12/12/1996 11:08:00 AM
From: Tom Smith	of 56

The best times to pick up PSFT on weakness in the past have been the week before earnings reports on PSFT and, to a lesser extent, ORCL. ORCL will announce earnings after the close today, but both ORCL and PSFT shares have remained strong, reflecting good expectations for ORCL's numbers. If ORCL's numbers disappoint, look for immediate weakness in both issues. PSFT's next earnings report comes out around the third week in January (I think), so there may be some weakness around mid-January. Also, any general market downturns tend to affect PSFT pretty strongly due to its high PE. Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next