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

To: Melissa McAuliffe who wrote (3553)	11/17/1998 8:06:00 AM
From: V3	Read Replies (2) \| Respond to of 4509

Good morning. ..or a lousy morning. It all depends in one and a half hour. Some thinks this latest event is good for PSFT. Some think not. I am not even sure what "good for PSFT" means anymore. Yesterday's closing bid and ask were both ZERO. And this stock is no longer marginable. Surely, they wouldn't do this to a stock that is about to rise. Whatever happens, I hope PSFT doesn't break mid 18 support level. If that happens, I am in one big trouble. Robin

To: Melissa McAuliffe who wrote (3553)	11/17/1998 1:35:00 PM
From: Chuzzlewit	Respond to of 4509

Melissa, I'm busy scratching my head on this one. My guess (and I stress the word guess) is that Momentum will be a pure software development house that will rely on other companies to sell and service product. So it will really be a separate company. I'm guessing, but it sounds as if PeopleSoft may have some license fees or commissions derived from products developed by Momentum. Now here's a further guess. Previously, PeopleSoft funded new businesses such as Campus Software off the balance sheet (I'm not quite sure how) and then purchased them later. This may be an attempt to replicate the model while allowing PSFT shareholders to benefit. But this is pure conjecture. I wish that there were a more definitive statement coming from Duffield. TTFN, CTC