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: Jay Rommel who wrote (4095)	1/5/1999 1:04:00 PM
From: Grabs	Read Replies (1) of 4509

Just looked at Yahoo. The concensus estimates for PSFT are $0.62 for 1998, and $0.76 for 1999. Based on those estimates, PSFT is currently trading at 30.8x expected 1998 EPS and 25.2x expected 1999. I would imagine that earnings estimates may come down some in the future based on all the talk of slowing ERP sales, but PSFT is still expected to grow, what, 35-40%. That would indicate that much of the slowdown is already built into the stock (as would the 17 hold ratings on the stock). Grabs

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