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Technology Stocks : PEGA - Pegasystems
PEGA 63.65+0.1%Oct 31 9:30 AM EST

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To: T-Lo Greens who wrote (422)11/14/1998 9:37:00 AM
From: M. Carver  Read Replies (1) of 504
 
Tony,

I am new to PEGA but have been doing some research:

Good News: Low PE, Revenue for Q3 tripled, Revenues up over 200% year-to-year, pipeline "appears to be full of ample opportunities" according to the CFO.

Bad News: I gather they missed expectations by $.03 (and there was some sort of error in the reporting of their initial numbers?).

I have a call into the company to lean more. At $9.5, this looks attractive for the short term. Any thoughts from you or others please?
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