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

To: The Player who wrote (4142)	1/7/1999 5:59:00 AM
From: Neil H	Read Replies (2) \| Respond to of 4509

From the Street Goldman Sachs Technology Symposium: Feb. 8-12 Enterprise-software provider PeopleSoft (PSFT:Nasdaq) will be among the highlights at the Grand Hyatt in New York City. It will be the Pleasanton, Calif.-based company's debut presentation for the year after a marked slowdown in sales and several analyst downgrades in the second part of 1998 helped slice off nearly two-thirds of the company's stock price. Investors will be eager to see if they can expect a turnaround any time soon. Neil

To: The Player who wrote (4142)	1/7/1999 11:27:00 AM
From: Chuzzlewit	Read Replies (1) \| Respond to of 4509

Player, what you are missing is the fact that such a merger is based on paper -- not cash. And this kind of takeover is tiny. Second, I cannot think of the last time I heard of a hostile takeover in the tech sector. That means all kinds of perks would continue for Duffeld & Co. That also means poison pills are not an issue, and stock options would be respected etc. I'm not saying that I lend any credence to the rumor. In fact I don't. What I am saying is that such a buyout is peanuts. TTFN, CTC