Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - 1997 Outlook [closed thread] -- Ignore unavailable to you. Want to Upgrade?

To: Tom Smith who wrote (794)	1/27/1998 5:18:00 PM
From: Rick	Read Replies (1) \| Respond to of 940

Tom - I think you are right about the SAP announcement providing some relief. Basically, there have been alot of nerves about Asia, Clinton, Technology, and the General Stock Market valuation. During this time there has been very little news from SAP, PSFT, or BAANF and some bad news from ORCL (an ERP wannabe now that its database business is weakening). Hopefully BAAN's numbers will provide more relief and then we can reach a crescendo of relief on PSFT's numbers. Satyr - No offense on calling TA Voodoo. I do think that TA has some merit, but if you don't combine it with an understanding of the companies you're trading on, I think its very risky. I think the reason you have done well and will probably continue to do well trading PSFT is that it is a very volatile stock that is on a sustained uptrend. So, as long as you buy into the idea that the uptrend is intact you can make alot of money trading the ups and downs. Cheers. Rick.

To: Tom Smith who wrote (794)	1/27/1998 6:07:00 PM
From: Marq Spencer	Respond to of 940

Tom SAP AG 1997 Sales Rise 62% to DM 6.02 Billion ($3.36 Billion) This number is bloated due the positive currency effects of the strong dollar (by DM 423 million, according to SAP!). Real revenue growth at SAP AG was 50.5% and net profits were up 51% without the currency impact. For US companies, the currency impact has a negative effect based on the company's European sales. Anyway, here's hoping for the 80+% growth in PSFT revenues and profits :-). - Brian.