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

To: V3 who wrote (2894)	10/20/1998 11:11:00 AM
From: Melissa McAuliffe	Read Replies (4) \| Respond to of 4509

Robin, To focus only on the earnings report meeting or exceeding expectations is, IMHO, somewhat shortsighed. It's the content of the report, particularly the license fee revenue along with the future guidance that is going to move this stock either up or down. For an example of this, just look at ITWO last quarter. They exceeded expectations and actually had an excellent report. However, they provided some downward guidance for this quarter and the stock has been as low as 9. This is why the forward guidance is often times more important than the actual number for this quarter. Anyway, good luck to all!!!! Melissa