Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chuzzlewit who wrote (2786)	10/16/1998 4:04:00 PM
From: Elmer	Read Replies (1) \| Respond to of 4509

Sorry, I must plead ignorance on both counts. WRT the market saturation issue, that is a conventional view that may or may not be correct. I think the growing belief in market saturation has had a lot to do with the 60% haircut the stock has taken. WRT LLcoolG, he has said he has level 2 quotes. Those quotes show which firm's MM is the high bid. So if he is watching the trading, and GS is consistently the high bid, he knows these things. But I can't independently verify it cause I don't have level 2. Regards David

To: Chuzzlewit who wrote (2786)	10/16/1998 4:17:00 PM
From: Melissa McAuliffe	Read Replies (1) \| Respond to of 4509

Chuzz, <<The first is the potential saturation of the ERP market. I think that the market is so huge and growing so rapidly that it will be many years before we will view this as a mature market>> The ERP market is somewhat finite. There are only so many companies out there who represents potential opportunities for these products. There are actually two market segments...the Fortune 1000/2000 and the middle market... My personal opinion is that the first market is somewhat saturated at this point. There will be opportunities, yes. But not on the scale we have seen in prior years.... That is why all these companies are trying to move into the middle market... This represents a much larger market is total size. But keep in mind it is also filled with many other competitors who psft doesn't see in the high end market. Also, the deal sizes in thiis market are going to be much smaller. I think the phenomenal growth in the high end market was fueld by two things...One was that technology had changed and there were lots of legacy systems out there to be replaced. Unfortunately, the legacy systems vendors never got their acts together so fell by the wayside leaving this market wide open. BTW, if the technology change hadn't occurred PSFT wouldn't even have been a company in the first place. Then add to that the Y2K pressures companies were facing. So I think that in effect many many of them just bit the bullet and bought in new software and killed two birds with one stone. Anyway, that's MHO, fwiw. Melissa