To: flyboy who wrote (171 ) 9/21/1998 1:49:00 PM From: flyboy Respond to of 309
Here is a correction to an earlier news release that had given me the willys... Previously the reuters story had an erroneous backlog statement which I have found wasn't true here is the correction Related Quotes PSQL 10 1/8 +2 1/8 delayed 20 mins - disclaimer Monday September 21, 12:30 pm Eastern Time CORRECTED - Platinum says no reason for stock drop In Irvine, Calif., story headlined ''Platinum (Nasdaq:PSQL - news) says no reason for stock drop,'' please delete final three paragraphs beginning, "Although our backlog... (deletes material from another story inadvertently included in Platinum Software story). A corrected version follows. IRVINE, Calif., Sept 21 (Reuters) - Financial management software maker Platinum Software Corp. said on Monday that it was unable to explain the approximate 37 percent decline in its stock price on Friday. It also said rumors about its chief executive, George Klaus, leaving the company were unfounded. ''While it is company policy not to comment on market rumors, we do not understand the recent trading in our stock,'' said Klaus, chairman, president and chief executive. ''We remain confident about our product offerings and the markets we serve and have no material, negative developments to announce,'' Klaus added. Klaus said he was committed to the company and rejected any rumors about his departure as baseless. -------------------------------------------------------------------------------- More Quotes and News: Platinum Software Corp (Nasdaq:PSQL - news) Related News Categories: US Market News -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright c 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content C I A O