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Technology Stocks : Peritus Software Services (PTUS) -- Ignore unavailable to you. Want to Upgrade?


To: Big Dog who wrote (1495)7/18/1998 8:33:00 PM
From: Jaroslav Skrenek  Read Replies (3) | Respond to of 1960
 
Darrell,

I agree with most of your statements, which is why PTUS is one of my biggest holdings right now. But any management that let its stock drop from 30 1/2 to 3 1/2, while heavy insider selling was taking place, raises my suspicions. I am certain there were many traders, investors and speculators who did not get a chance to sell, like the insiders did. I guarantee you their "description" of this company is much less "professional" than yours or mine.

In addition, remember the confusion PTUS caused when they issued the last earnings report?!? Embarrassing incompetence and it's not important whether it was PTUS's or the PR firm's. What makes you think they will get everything right this time?

I agree that the stock has a great potential and all indications are that buying it right now before the earnings report seems like a gamble with good odds. Foregoing some of the potential profit windfall is the price I am willing to pay for sleeping at night.