Phoenix Technologies (PTEC) Message Board

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Technology Stocks : Phoenix Technologies (PTEC)

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To: Jules B. Garfunkel who wrote (3061)	1/18/1999 2:15:00 PM
From: Arrow Hd.	Read Replies (1) of 3624

Jules, FWIW, I also believe Mark's comments on SAP are right on target. SAP is very hard to install and if a company is not already in the middle of implementation they will not start now in 1999 due to the requirement virtually all major companies have to freeze their data centers in the fourth quarter of this year prior to Y2K so that they can stabilize mission critical applications on Y2K ready hardware and software at the latest EC (microcode) and version/release levels available. This means there is a real potential for a major shortfall in revenue/profit for the fourth quarter. I don't believe there is any way at all for most tech companies to exceed their 4Q 1998 performance in 4Q 99. That said, the ERP software companies get hit the hardest with a down trend starting late Spring with the final capitulation during August. For your picks, I too believe RMDY is a double this year in particular off my average cost of 11 and change but if it happens it will be before August and when it does I am out or out anyway in August. Not much of what I buy meets Mark's parameters so I won't have the opportunity to enter some ideas.

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