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

To: Dean Foulger who wrote (2107)	9/3/1998 6:04:00 PM
From: Henry Eichorszt	Respond to of 4509

PEOPLESOFT PLANS ACQUISITIONS OVER THE NEXT 6 TO 9 MONTHS. 17:52 [PSFT] PEOPLESOFT SEE INCREASING INTERNATIONAL REVENUE IN SECOND HALF OF YEAR. 17:48 [PSFT,SAP] PEOPLESOFT SAYS IT HAS 8.5% OF ERP MARKET, SECOND BEHIND SAP'S 24.9%. 17:45 [PSFT] PEOPLESOFT SAYS YEAR 2000 ISSUE HASN'T HAD IMPACT ON ITS BUSINESS.

To: Dean Foulger who wrote (2107)	9/3/1998 7:00:00 PM
From: dougjn	Respond to of 4509

Yes, and while they didn't actually make predictions about next year yet (said they would at the 3Q CC after completing their internal plans), they sure sounded like they expected the current growth rate to continue next year. Said they aren't experiencing margin pressures. Said they had seen SAP offer some pretty strong discounts or sales incentives on occassion in face offs, but said in effect that it hadn't done them any good. Still gaining share against SAP. Lots of new products in development, including some Web oriented. In response to questions they said their business was almost recession proof. That was their experience in the 90-91 period when it was totally unaffected. Improves customer's cost control as well as top lines through their competitive position. Even in this market environment I expect it to move tomorrow. <gg> Up, I mean. And probably for several days, as the analysts get the word out. Doug