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To: bobby is sleepless in seattle who wrote (2273)	1/31/2001 12:48:38 PM
From: mattie	Respond to of 5732

MDEA - Good move on new product announcement. Breaking out of base.

To: bobby is sleepless in seattle who wrote (2273)	1/31/2001 12:54:14 PM
From: Susan G	Respond to of 5732

DVA, got a 20 alert and said oh well, never did buy it from briefing 31-Jan-01 09:05 ET PeopleSoft (PSFT) 48 15/16: PSFT is a battleground today; stock initially traded higher last night on strong earnings but is now nearly three points lower at 46 on cautious guidance and a downgrade. Morgan Stanley downgraded the stock to NEUTRAL from Outperform based on price, but Lehman is defending the stock saying that modest upward guidance was due to macroeconomic concerns and not the order pipeline, which remains strong. Due to the new disclosure rule, these companies are just trying to HONESTLY let us know where they are at. There is hardly a company out there that is not experiencing a slowdown, so these hits they are takin are unfounded IMO. ADBE even said "MAY" experience a slowdown and they crushed it. Not sure why everyone was SO surprises, the economic slowdown has been known about for months. Glad to see the guidance coming in public to all at the same time, instead of giving the big boys the opportunity to dump before we know what is going on. YEAH. Our power is growing with this new rule...