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

To: Chuzzlewit who wrote (3981)	12/23/1998 1:45:00 PM
From: David W. Ricker	Read Replies (1) \| Respond to of 4509

HO, HO, HO! Dec. 22 (Contra Costa Times/KRTBN)--The battling billboards along Highway 101, a physical manifestation of the bruising yet tongue-in-cheek rivalry of high-technology companies, is of the can-you-top-this variety. In the latest salvo in the war of advertising words, PeopleSoft Inc. may just have topped its archrival, Germany-based SAP, without ever leasing a billboard of its own. Car-poolers caught in the daily traffic congestion near Redwood Shores this week were treated to an entertaining trompe l'oeil: a mannequin in front of a giant SAP billboard that reads, "Our software isn't just for big companies. It's just for big thinkers," wearing, not its usual natty SAP-designed business suit, but a bright white sweatshirt emblazoned with a red PeopleSoft logo. If officials at the Pleasanton-based PeopleSoft know the identity of the quick-change artist who scaled the billboard to pull off the humorous stunt that turned the SAP big thinker into a PeopleSoft big thinker, they're not talking. But word has it a companywide e-mail cheered the mannequin's transformation into a "vision of sartorial splendor." Of course, billboard battles are nothing new in Silicon Valley. When Informix leased a billboard right outside Oracle's corporate headquarters that read: "warning, dinosaurs crossing," Oracle CEO Larry Ellison put up a billboard of his own, pointing to Informix's lawsuit over the defection of 13 engineers to Oracle.

To: Chuzzlewit who wrote (3981)	12/23/1998 2:30:00 PM
From: Elmer	Respond to of 4509

Hi Chuz, Because I know you are a believer in technical analysis,:-), I'd like to point out that the 50 day moving average is about $21. Any breach of that price and the technical crowd buys with both hands. Have a good holiday and stay long, David

To: Chuzzlewit who wrote (3981)	12/23/1998 3:00:00 PM
From: Shane M	Read Replies (1) \| Respond to of 4509

Chuzz, I normally only lurk here, but your post helped spur me out of inactivity on PSFT. I'd been waiting and waiting for PSFT to stop falling. Almost bought around 21 or 22 but held off for lack upside catalyst, but finally pulled the trigger today, upset that I didn't have the guts to buy at $17. I still left room to average down if needed because overall I'm still somewhat bearish on market as a whole. I agree with you, growth of 25% to 35% is nothing to sneeze at. Not many companies of this quality have those growth prospects, and I agree that the switching costs make this a better business than most. I'm unsure how to view events with SAP at the moment. A price war with SAP will have to hurt PSFT, but in the bigger picture I'm hoping it's indicative of SAP having increased difficulty in selling their product. I've seen many comments to the effect that the market is starting to "wake up" to the many difficulties presented by SAP, and also feel the trend toward interconnectivity will help PSFT/ORCL/ITWO more than SAP. Long ORCL, ITWO, and now PSFT. Shane .