To: Tony B who wrote (3186 ) 1/5/1999 12:58:00 PM From: MMK Respond to of 56535
ALL: (S) PSFT- initial report PSFT seems to have beaten pretty badly since April when the stock was selling at around 55 and is currently in the high teens. Certainly room to grow here. Appears to be some recent changes in management. Address: 4460 Hacienda Drive Pleasanton, CA 94588 Phone: (925) 694-3000 Fax: (510) 225-3100 Industry: Software & Programming Sector: Technology Employees: 4,452 Officers: David Duffield, Chmn./Pres./CEO Alfred Castino, Sr. VP-Fin./CFO/Secy. Kenneth Morris, Sr. VP/CTO Margaret Taylor, Sr. VP Aneel Bhusri, Sr. VP. Business Summary PeopleSoft, Inc. designs, develops, markets and supports a family of enterprise client/server application software products for large and medium sized organizations. For the nine months ended 9/30/98, total revenues increased 71% to $949.5 million. Net income increased 70% to $117.1 million. Revenues reflect increased market acceptance of the Company's software product offerings. Net income was partially offset by decreased operating margins. 16 1/2 - 57 7/16 Earn/Shr P/E Mkt Cap 0.62 31.85 4.456B Statistics at a Glance -- PSFT Last Updated: Jan 4, 1999 Price and Volume (updated Jan 4, 1999) 52-Week Low $16.50 Recent Price $19.75 52-Week High $57.438 Beta 1.08 Daily Volume (3-month avg) 6.92M Share-Related Items Market Capitalization $4.60B Shares Outstanding 233.0M Float 156.1M Per-Share Data Book Value (mrq) $2.65 Earnings (ttm) $0.62 Sales (ttm) $4.77 Cash (mrq) $2.69 Valuation Ratios Price/Book (mrq) 7.45 Price/Earnings (ttm) 31.96 Price/Sales (ttm) 4.14 Income Statements After-Tax Income (ttm) $156.6M Sales (ttm) $1.21B Profitability Profit Margin (ttm) 13% Management Effectiveness Return on Assets (ttm) 15.36% Return on Equity (ttm) 32.61% Financial Strength Current Ratio (mrq) 1.73 Long-Term Debt/Equity(mrq) 0 Total Cash (mrq) $625.9M Short Interest Shares Short as of Dec 8, 1998 12.3M Short Ratio 2.48 Number of brokers recommending as: Strong Buy 2 Moderate Buy 3 Hold 17 Moderate Sell 0 Strong Sell 0 Average Recommendation 1.7 (Strong Buy) 1.00 - 5.00 (Strong Sell) Industry:COMP-SOFTWARE Ranked 231 of 286 Stochastics are just crossing into bullish territory MACD- above signal line and just approaching 0 for bullish signal momentum- approaching 0 for a bullish trend bollinger bands- have been fairly tight since Nov. - stock has been trending down during the squeeze signalling selling during this period. Hope this posts OK. Had a few problems with cutting and pasting-just another learning experience:)