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

To: Raptor who wrote (1813)	8/19/1998 2:05:00 AM
From: hoops	Read Replies (1) \| Respond to of 4509

I was told that PSFT has announced a 2-1 split in Oct.-----any comments??It was in their letter to investors quite some time ago.

To: Raptor who wrote (1813)	8/19/1998 7:32:00 PM
From: grace	Respond to of 4509

Raptor. You are right. The 'Warning' is not a proper term. Probably, a guidance for this coming quarter. Anyway, what PSFT said was that the growth will be slow down from 70+ to 60%. For the CA, I do not compare directly PSFT with CA. Just general market consensus on the software sector was emphasized. Currently, negative pressure looks moving from here to semi again, and PSFT seems finding good support here, though still has a downward pressure by 10% from the current price. As long as the negative pressure lifts off, $60+ will be a good target price which I expect to see by year end. Fo the time being, my PSFT target is $41 under selling pressure in the market. Hope this clarify.