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

To: Smart Investor who wrote (4317)1/26/1999 7:30:00 PM
From: lebo  Respond to of 4509
 
From Upside 1998
Top ten ellites : behind the curtain

2. Aneel Bhusri
Senior VP, Product Strategy, PeopleSoft Inc.

To cope with growing pains and management nightmares,PeopleSoft recently shifted from a geographical sales model to a vertical one. Bhusri was the man backstage pulling the strings in all this. After meticulous planning and some intense noggin-scratching, Bhusri also came up with the business strategy that led to PeopleSoft's foray into the manufacturing market. During the second quarter of 1998, Bhusri and PeopleSoft turned 28 major manufacturers into customers--no small feat.--P.H.



To: Smart Investor who wrote (4317)1/26/1999 7:34:00 PM
From: EepOpp  Respond to of 4509
 
I hope you're right, Investor.

but if you're really confident, the Feb. 25 calls are about 1 5/8 to 1 7/8. Breakeven point is for PSFT to be at about 27 by expiration. Anything above that is gravy...not including commissions, of course.

A "POP" should more than easily make it. And if it doesn't go up, you could lose about $200 per option. But please don't let me encourage you to do anything. Just a thought.

Good Luck to all of us!

Will


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