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: James Luk who wrote (4467)	1/30/1999 3:07:00 AM
From: Rusty Johnson	Read Replies (1) of 4509

Hoping you're right James ... here's Briefing.com's take: The mirror opposite of VRTS was PeopleSoft (PSFT 19 13/16 -2 5/8) which disappointed the street with its earnings and magnified the problem by suggesting that conditions remain difficult... Stock likely to drift back toward 52-wk low at 16 11/64. Personally, I'll take a 30% annual return any day. Check back in a year and see if I'm right. Best of luck.

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