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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Bob who wrote (268)	3/22/1998 6:31:00 AM
From: Mr Logic	Read Replies (1) \| Respond to of 4509

Mr Bob, given that there are many more small companies than large ones I would not be surprised if 30% of all companies have not started working on Y2K yet. >>PSFT isn't a Y2K company anyway, that's just gravy. People have been selling tons of application software for years without needing Y2K to spur sales.<< I disagree here. There have always been application companies but the position now is far from what it was even 10 years ago. Many companies used to have bespoke, mainframe based systems, or a core financials package with package/bespoke systems around that. IMO the reasons for the explosion of this market over the past 5 - 10 years include: Better ERP software Pressure from BPR consultants (do BPR, implement new systems) Awareness in senior ranks of the company that IT should be a key part of the business Year 2000 catalyst Once a company has selected say, SAP for their ERP systems they are pretty much off limits to the other ERP vendors for a good while (though HR opportunities may still present themselves). I see this as a limitation to big sales and I think we will see the slowdown over the next year. >>You sound like you're trying so hard to convince yourself<< It may come across like that but I am trying to maintain a civil and polite atmosphere as I value these discussions. >>well PSFT is a freight train, SO WATCH OUT!!!<< I see it more as a graceful glider, soaring too high. A little turbulence and it could lose half its height in a few moments. >>Seriously though, I would really like to thank you for your posts. They always inspire someone to rave about what a great company PSFT is!<< I know Peoplesoft too, but this is not about the co., it is about the stock price. At some time people will want to cash in their paper gains, especially if they see them leak away.