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

To: Tom Smith who wrote (3633)11/20/1998 10:02:00 AM
From: Elmer  Respond to of 4509
 
Hi Tom,
I2 Technologies did the same thing at the time of its last conference call. The stock was at $15 that day. It's $28 today, so the Street expects these re-pricings to happen and generally doesn't punish the stock.



To: Tom Smith who wrote (3633)11/20/1998 10:32:00 AM
From: Grabs  Read Replies (2) | Respond to of 4509
 
I like the decision. Company has long term focus and even though it might seem as a blow to us common shareholders, it is better than seeing a mass exodus of talent to SAP, Oracle (who already has been through the stock decimation) and others.

I would love it though, if they would reprice the shares I bought at $50. :-(

Grabs


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