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: McNabb Brothers who wrote (2338)	10/2/1998 9:51:00 AM
From: ratlong	Read Replies (1) of 4509

ORCL is down a buck in early trading as well. I wonder whether someone is forecasting a major slow down in ERP stocks. I would have thought it to be the exact opposite with the Y2K era coming to a close and people looking to spend money to upgrade their environments. My other thought is that PSFT has hired 3000+ people in a year and revenues are not growing at the same rate. They have adds out to hire another 3000 people. Says a couple of things outside of the obvious balance sheet impact: 1) the quality of their people can't be that good and 2) they are going to suffer major expansion pains. I am long term behind this company. Have been watching it for awhile and thought it might have bottomed out. Good price to get in!

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