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: gc who wrote (3080)	10/21/1998 11:57:00 AM
From: Chuzzlewit	Read Replies (4) of 4509

gc, you have absolutely no idea of what you are talking about. The fundamentals of this company remain excellent. What has changed is the growth outlook. According to the company this is 25% - 35% over the next year or so, and they attributed the decline in growth to diversion of budgets to meet Y2K problems and the impact of a global slowdown. The company has an exceptionally strong balance sheet. The problem is one of valuation, which at this point is problematic because of the poor visibility going forward. You have set yourself up as some kind of expert, but have contributed nothing in terms of insight or analysis. I congratulate you on your luck in trading this stock. But don't confuse that luck with special insight or skill. You still don't know what you are talking about. TTFN, CTC

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