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To: craig crawford who wrote (125588)	5/27/2001 2:31:25 AM
From: H James Morris	Respond to of 164684

Some stocks go up, some stocks go down. >(May 26, 2001) Business software firm PeopleSoft avoids tech wreck, accelerates expansion PLEASANTON, Calif. (AP) - Not every high-tech company is filled with anguish and anxiety these days. Business software maker PeopleSoft Inc. stands out in contrast to the devastation that has wiped out so many Silicon Valley fortunes. PeopleSoft is among a handful of tech companies that exceeded Wall Street's profit expectations in the first quarter. Its stock has tripled in the past year, creating $8.4 billion in paper wealth at a time when the technology-driven Nasdaq composite index plunged by 31 per cent. (May 26, 2001)