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


To: Elmer who wrote (4015)12/30/1998 8:28:00 AM
From: Jean M. Gauthier  Read Replies (1) | Respond to of 4509
 
That's Bull. and your OPINION.... I have a different view, very different

These stupid surveys, BTW, are meaningless. Why ?

Because they interview PROJECT managers, like bureaucrats, with their necks on the line. The really techie people, the junior and SENIOR (of which I am but one), are kept very far away from these "surveyors"
by the PM's. If you think I am wrong, you have not worked in enough places yet, and may lack experience in the REAL world of application design, support and implementation (in medium/big installations)

I have reconfirmed with my contacts in the canadian government, based on the NEWER versions of their HR software, that it's still crap.

Some business functionnal areas refuse to use it, as it is slow, inefficient and does NOT perform as advertised.

Exactly what I indicated to people in this thread.

I have been an owner of this stock.
I have made money on it.
I am NOT a short (never did it, never will)

I am a technologist with 15 years experience, and was on a BIG federal Government -wide committee that chose this software.

they are now, very badly, regretting their decisions.

BTW, some of these accounts are throwing out this piece of crap and putting SAP R/3 in it's place. While complex as an install, much more performant and reliable that it's predecessor.

IMO

Take care
Jean

P.S. This stock can go 2 ways.... UP, if the financials improve and enough suckers buy it.
DOWN, if I am right, i.e. the technology race is being lost to Oracle and SAP, "mindshare" is also leaving them, and they cannot keep up against 2 "gorillas", SAP & Oracle.
Big risk to take with your money IMO, but hey, it's yours after all

I prefer stronger competitors... see my stock picks if you do not believe me..



To: Elmer who wrote (4015)12/30/1998 8:32:00 AM
From: Jean M. Gauthier  Read Replies (1) | Respond to of 4509
 
Oh,

I missed something....

That's a real farce...

NO computer product has a 99.99% success rate. That's absurd and impossible to boot.

It's more like 60-80% FAILURE rate, on 1 or more critical functions/areas of a particular installation. That's an application project rate, based on reality and other "statistics".

Anyone who has ANY experience in the area (Software Design/Implementation) probably cringed when they saw your post...

It's impossible
Absurd and amateurish to believe otherwise

Bye for now
Jean

99.99% Success rate... Indeed ! and pigs fly too ! (99.99% of the time)