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

To: The Player who wrote (3422)	11/2/1998 4:50:00 PM
From: The Player	Read Replies (2) \| Respond to of 4509

We were up 10% today. Don't mean to gloat gc, but I was right about this small pop, and you were wrong about the stock not moving on big news. I don't anticipate a dramatic momentum shift here, but I did expect Psft mgt to come through with a dynamic new strategy and they did. We won't see revenue from PSBN until the latter half of '99, but regardless of what other people think, I still see this as VERY BIG news. Maybe not a return to the high flying days, but if executed properly, it will allow Psoft to maintain and exceed their predicted growth rates for the future. It will be interesting to see the analysts' (many of whom are in attendance at the conference) reactions in the coming weeks. Another article: PeopleSoft adopts portal strategy news.com Regards, The Player