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


To: Tom Smith who wrote (2462)10/3/1998 11:55:00 PM
From: Jon Paulsen  Read Replies (3) | Respond to of 4509
 
Thanks Tom. Your effort here is much appreciated. I for one am going to stay long on this stock and not fall victim to emotional trading.

The analysts do look very suspect here though. I would think that the SEC would be all over this one and that is probably what the analysts would think too. This is why I believe that the analysts must have some strong basis for their severe downgrade. It just looks too obvious to be a sneaky manipulation of the stock price in order to provide low entry prices for S&P 500 index funds looking to load up on shares. It is far from a sneaky manipulation. I would classify it as a blatantly obvious attempt to lower a stock price. Every person that initiated a large short or put position on PSFT in the week prior to this downgrade should be called by the SEC and questioned. If indeed this is a manipulation of the stock by the big boys, the stock market is in severe need of much more regulation to prevent the fleecing of the individual investor. It is my opinion that any analysts that participates in such manipulation should be arrested and put to trial. A single manipulation of this magnitude is like stealing more money than all the bank robbers in the history of man. And these bank robbers are sitting in jail doing hard time. Also, if he is found guilty, the firm he works for should have to repay all moneys lost by the individual investor as a result of the manipulation. We can't mess around here. Just because the large firms have infinite amounts of money to throw at high priced defense attorneys, this is no excuse to let them off the hook and not bother investigating. I for one am more than willing to have my tax dollars go towards investigating this type of crime to the fullest extent possible. Analysts need to be very honest people.

The recent PSFT downgrade and stock plummet is a good case study as to why long term investing is the only way to compete with the big boys. On a long term basis the S&P 500 consistently outperforms most mutual funds, even with analysts playing God with stock prices.

Long on PSFT,
Jon



To: Tom Smith who wrote (2462)10/4/1998 12:51:00 AM
From: MVN  Respond to of 4509
 
Tom Smith.
That's Carrefour,one of the biggest supermarket-chain in France,they
also have many supermarkets in South America,Brasil and Argentina.
I believe they do have Carrefour-hypermarche in Philadelphia.PA.
Hope this help.
Thank you for C/C excerpts.
Regards.

MVN



To: Tom Smith who wrote (2462)10/4/1998 2:11:00 PM
From: Tom_  Read Replies (1) | Respond to of 4509
 
31 PE and 37% projected EPS.....

First of all, many thanks, Tom.

I make it that Baseline shows a trailing PE of 43 and a future PE of 31, based on a Friday closing share price 24 5/16 and trailing/future EPS of 56 cents and 77 cents.

Projected EPS growth rate for the next four quarters is shown as 41%, 31%, 38% and 40%; an annual rate of 37%.

So. Is PSFT is now "reasonable"?

Tom
"Live Flat and Prosper."



To: Tom Smith who wrote (2462)10/4/1998 2:21:00 PM
From: Lutz Moeller  Respond to of 4509
 
Tom.

thank You heartfully for Your work, to write down the conference call, You did for us. It helps us out of the dark. Great!

Regards Lutz



To: Tom Smith who wrote (2462)10/4/1998 5:35:00 PM
From: kas1  Respond to of 4509
 
tom, thank you for typing and posting all this.

their commitment to customers -- as contrasted to sap's well-publicized standoffishness -- will win the day in the end. the software is the easy part; customer relationships are the tough part, with the higest barriers to entry, and therefore highest value of a franchise such as psft's.



To: Tom Smith who wrote (2462)10/4/1998 11:11:00 PM
From: Manuel S. Jaime  Respond to of 4509
 
TOM
Thank you

Manuel