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: Raptor who wrote (1964)	8/28/1998 8:11:00 PM
From: GJD	Read Replies (2) of 4509

Per a DLJ analyst report, PSFT CFO is very comfortable with 3rd q shaping up. He has called the 2nd q a low and subsequent q's should look better. Industry conferences are coming up and PSFT management intends to get the message out. The insider purchase should also send a signal that mgmt. has a lot of confidence in their outlook. I can't believe some idiot short seller can get on CNBC and promote his shorts in a market that basically is having a climax selloff. An erroneous report by CNBC on ERP software stocks and good earnings report by JDEC have also contributed to a mass exodus from PSFT. In the end, PSFT will let the numbers speak.

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