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Technology Stocks : Platinum Technology -- Ignore unavailable to you. Want to Upgrade?

To: karen shapiro who wrote (3425)	3/12/1998 2:06:00 PM
From: richard Moss	Read Replies (1) \| Respond to of 4148

Does anyone know when LBMSY stock becomes PLAT stock ? Is is on a specified date ? I own both stocks but have noticed that the stock prices move up together, although there is sometimes a delay in the price change in the other stock price.

To: karen shapiro who wrote (3425)	3/13/1998 10:40:00 AM
From: david decamp	Read Replies (1) \| Respond to of 4148

Interesting question. I consider a buyout to be unlikely for a couple of reasons. First and foremost, during the period that I worked at PLAT (from acquisition in March 95 to leaving in November 96), Flip never wavered from his public vision of building one of the 5-10 independent software powerhouses that would be left after inevitable industry consolidation by the year 2000. Secondly, most acquiring companies would be looking for actual accretive net earnings. Although PLAT's operating earnings have been up impressively, and the revenue increases have been even better, they are still posting net losses (albeit some of them are non-cash) throughout the last few quarters (one time charges, the last restructuring, and some continuance of the acquistion trend). This will no doubt continue for a quarter or so as LBMSY is absorbed, and we find out what the hit was for buying HP's Intelligent Warehouse product, as well as the Mastering acquistion (MASC). I believe any acquirer might wait until a clear trend on NET earnings had been established, which would validate that their entire business strategy over the last several years has been correct. Just my thoughts. Anything can happen these days, however. Dave