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To: flyboy who wrote (171)9/18/1998 5:43:00 PM
From: flyboy  Read Replies (1) | Respond to of 309
 
Here is AUG short position

Item Ticker Company Name Month Shares Short Avg Daily Volume Ratio* Remark
1 PSQL Platinum Software Corpora 08/98 507,952 403,353 1.26
07/98 678,661 295,378 2.30
06/98 625,271 332,571 1.88
05/98 639,521 560,172 1.14
* Ratio = Shares Short / Avg Daily Volume; it may be used as a rough m
found it here viwes.com
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To: flyboy who wrote (171)9/19/1998 6:28:00 PM
From: Jenna  Read Replies (2) | Respond to of 309
 
PSQL..looks like a most undeservedly slaughtered stock. I've been bullish on PSQL for many earnings quarters. Now it's got a absurd PEG of .18! How a stock with a EPS rank of 96%, and ERG (last week) in the 99th percentile, good sales last quarter, gets sliced that much for a 'rumored' shortfall is beyond me. Yes, I expect it to reverse next week, and probably as early as Monday morning. It's definitely one to put way up on your watch lists. But as usual, don't catch a falling dagger and wait for a morning reversal to be established before entering any positions.



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.

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More Quotes and News: Platinum Software Corp (Nasdaq:PSQL - news)
Related News Categories: US Market News

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