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: Chuzzlewit who wrote (3604)	11/18/1998 1:07:00 PM
From: Uncertain Walker	Read Replies (3) of 4509

As a shareholder, I support this move by PSFT. My early concern was that PSFT was not taking advantage of its huge cash reserve. The cash just sits in the bank, earning a low interest. Now, PSFT decides to make better use of this equity and invest in R/D. Over the long run, I believe PSFT's ROE will improve substantially. We can argue how to use this cash better (acquisitions or internal R/D). The fact that PSFT is going to use it is good for us shareholders.

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