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


To: PepeLePeu who wrote (1568)7/22/1998 1:13:00 PM
From: Melissa McAuliffe  Read Replies (1) | Respond to of 4509
 
Can someone please tell me what the expected earnings were from either first call or zack's. thanks.



To: PepeLePeu who wrote (1568)7/22/1998 1:22:00 PM
From: Tom Kearney  Respond to of 4509
 
CA debacle: On Squawk Box they said CA reported a penny ahead, but lower earnings expected next two qtrs due to Y2K. But, CA does mainframe software so, yeah they could be affected, but not PSFT. This is the last best op you'll get for this stock. I'm a buying.

Tom



To: PepeLePeu who wrote (1568)7/22/1998 1:25:00 PM
From: Chuzzlewit  Respond to of 4509
 
Pepe, basically CA warned about low growth due to Asian problems. It also looks like trouble for the mainframe market. I believe growth is projected now at around 9%.

Hard to tell whether today is a whisper number phenomenon or investors are reading the press release along Raptor's lines: slower growth ahead. Throw a Greenspan induced sell-off into the NASDAQ and you have the prescription for an ugly day. Be thankful you're not holding CA!

TTFN,
CTC