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: Melissa McAuliffe who wrote (3162)	10/22/1998 1:07:00 PM
From: Chuzzlewit	Read Replies (2) of 4509

Melissa, I'm feeling that there is going to have to be a massive change in investor psychology in order to effect meaningful appreciation of this company. While I continue to believe that the fundamentals are bright over the long run (which means after we pass the hump of the next year or two), it may take significantly longer than that to buoy the stock. The reason, in my mind, goes beyond the general issue of the direction of the ERP market, and its growth. It really speaks to the sudden drop in credibility I feel that management suffered as a result of that absolutely awful conference call. Duffield needs desperately to work on repairing his integrity with shareholders. Up until recently I took his pronouncements almost (but not quite) as a matter of faith. TTFN, CTC

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