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

To: Lizzie Tudor who wrote (3547)11/17/1998 1:51:00 AM
From: Chuzzlewit  Read Replies (2) | Respond to of 4509
 
Michelle, it looks as if PeopleSoft is setting up a business which might develop products for PSFT's competitors as well. Depending on what we see, this deal has the potential of increasing aggregate business (and I stress the word potential because it really isn't all that clear in the announcement). Maybe they are looking at this as PeopleSoft's version of Lucent.

TTFN,
CTC



To: Lizzie Tudor who wrote (3547)11/17/1998 6:18:00 PM
From: gc  Read Replies (2) | Respond to of 4509
 
It is clear to me that psft is experiencing an downward momentum. They do not want their new business carry a heavy bag. They even called the new business "Momentum". They should have called it "e-soft" or "People.com". Still looking for under 15 before the end of year. I am now more convinced there will be an earning shortfall.


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