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


To: Raptor who wrote (2882)10/20/1998 9:54:00 AM
From: Tom Smith  Read Replies (3) | Respond to of 4509
 
Raptor & all,

SAP's results were very good (54% top-line revenue growth), as they said they would be. PSFT's results will also be very good, as they have said they will be. I think the worry-wort analysts at Morgan Stanley and Goldman Sachs will be embarrassed tomorrow.

The real key now will be PSFT's forward guidance. SAP has forecast still-healthy growth for the foreseeable future. I expect PSFT to do the same. I am hoping for a share buyback announcement, which would be the strongest possible endorsement of the stock, the company, and the enterprise software sector.

Tom