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.

Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (551)	11/8/1998 7:52:00 AM
From: robnhood	Read Replies (1) \| Respond to of 1571

<<<PSFT and ERP vendors... Like I said, PSFT is a totally different matter. PSFT has seen incredible sales, and very short sales cycles as companies rush to replace aging systems in advance of Y2K. We are now on the back side of that bell curve for them because it takes more than 14 months to install all this stuff, i.e. it is too late to buy the suite of PSFT apps and get them in before Y2K, so start patching and ride it out. So now a PSFT potential buyer who knows they have 14 months to make a decision is sending out the BIG RFP with all the questions to SAP, ORCL, PSFT, etc., and these guys are calling it 'increased competition'. They are lowering prices to try and buy these sales and calling it 'price pressure'. This is all just crap. They will be giving their software away by the end of Q2 next year. It will be a very tough time at sales club next year for the PSFT, MANU, ITWO, JDEC, BAANF, JDAS and SAP sales guys. PSFT was honest in their quarterly report. Too bad for them. Maybe they should have taken the JDEC approach and say 'we don't see a slowing in sales next year as a result of Y2K issues as the yohos at JDEC did in their recent conference call'. They are blind, stupid or both. When the Gartner 1999 IT budget surveys come out all the blinders will be off. PSFT already bit the bullet. SAP was forthright as well. Are they a buy at these levels? No. Come April or May of next year you could STILL see them at 1/2 these levels. Imagine PSFT under $10 and SAP under $15. Problem is PSFT would be bargain and SAP would be another ROSS in the making. Most of you are too young to remember McCormack and Dodge, but they were an SAP once too. Technology kills app companies who don't conform. Anybody heard of Cullinet? >>> taken from here Message 6126360 Is Geac in the same business? I don't quite understand all this ERP, SAP etc., but perhaps these are some of the resons GAC isn't pulling... Alternately , if psft, or baanf, keep dropping, perhaps one of them may be Geac's next target.. Any thoughts out there??, russell