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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 (4137)1/7/1999 12:44:00 AM
From: DO$Kapital  Read Replies (1) | Respond to of 4509
 
Hi Chuzz,

Are earnings due out January 19th? What's your short term target
on PSFT? Still in DELL?



To: Chuzzlewit who wrote (4137)1/7/1999 12:49:00 AM
From: nasdaq securities  Respond to of 4509
 
NO ACQUISITION. JUST THE RUMOUR FROM DAYTRADERS.PSFT WILL BE DOWN TOMORROW.

PSFT is not for sale, there is re-organization taking place in the company after it's stock price had fallen so don't get panic it is just the rumour, it will come down tomorrow.



To: Chuzzlewit who wrote (4137)1/7/1999 2:55:00 AM
From: The Player  Read Replies (2) | Respond to of 4509
 
Chuzz,

I agree, when you examine the potential acquisition on paper it doesn't appear that a PSFT (at let's say 7-10 BB)could adversely affect an IBM balance sheet. I just feel that 7-10 BB is a HUGE investment to make regardless of the size of the suitor. You also have to believe the price tag could possibly be even higher if (like most companies it's size) PSFT has an assortment of "poison pills" in place. I'm not sure if these types of things are waived off in "friendly" merger or takeover discussions, but is PSFT still an attractive acquisition at 12-15 BB? Maybe, maybe not. I'm still intrigued by the possibility, I just don't foresee a deal like this coming to fruition with all of these factors in play.

It's odd to see everyone's interest suddenly pique over the rumor. I'm happy to see the thread come back to life though.

Regards,

The Player