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Technology Stocks : Prophet 21 (PXXI) - Way Undervalued! -- Ignore unavailable to you. Want to Upgrade?

To: caly who wrote (67)	8/11/1999 1:53:00 PM
From: Dale Stempson	Respond to of 165

It is my understanding that there are 3 broker/analyst firms that follow PXXI, and that they frequently stay in touch with Prophet 21 management. I do have to wonder why EPS estimates were not revised lower prior to releasing the March quarter results. Perhaps the increase in expenses was being looked at as more or less an unusual or event. In any case, I believe your friend's broker has hooked you folks up with a winner at just the right time. I hope his claims of "good numbers" prove to be an understatement. <g> Regards - Dale (BTW, Which broker was it?)

To: caly who wrote (67)	8/13/1999 2:59:00 AM
From: Dale Stempson	Respond to of 165

Calypso, You mentioned in your post that a friend's company was considering buying P21 software, saw a demo, and said it was very good. I can assure you the software is excellent. Prophet 21 has a long history of consistently adding new features. I believe one key to their success is that the company works closely with their large installed user base to identify and respond to improvement ideas. After doing this for as many years as P21 has, what has resulted is a truly complete system. I suspect that the average user only uses a portion of what's currently available. A benefit of owning the software is discovering all its capabilities. As distributors grow and expand their application requirements, it's quite likely P21 already has incorporated the solution in their existing software. With something like 2,000 active customers and 50,000 users, chances are that most needs have been addressed. We can talk all day about the stock, trends, PEs, earnings, and management, employees, service and support, but it wouldn't mean much if the company didn't have great software. Prophet 21 software is the primary reason why I'm long PXXI. Regards - Dale