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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: bob zagorin who wrote (2749)4/1/1999 7:05:00 PM
From: Investor Dave  Read Replies (1) of 3067
 
Well now we know that Ross will not make the forcast of 9 cents this qtr., I wonder what the earnings will be. They did 4 cents last qtr. I still believe it will be a profitable qtr. The company is still good. Good enterprise software offerings and no debt. This ERP downturn is an industry wide situation. I still believe companies will start once again to buy ERP products. It appears to be one of the only things left to increase their productivity. Many companies have already cut their personnel to the bone. I think we will see an industry rebound in year end. Year end is when most companies spend the largest amount of money on corporate improvement items.

The only question is how low can these stocks go before the rebound. How strong is my stomach. I've always heard you gotta buy when blood is running in the streets. Common sense says ERP companies should come back. This could be a once in a live time opportunity, or a disaster. There is always risk in buying and holding stock. I guess you have to step up to plate in order to make the big money. Well forgive my rambling, but I hate to see the price of my stock sink to almost nothing.

Dave
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