Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: aps who wrote (4351)	1/28/1999 5:19:00 PM
From: Tom Gebing	Respond to of 4509

DJ 17:15 [PSFT] PEOPLESOFT SEES 1Q NET EXCLUDING MOMENTUM, 15% BELOW YR-AGO DJ 17:15 [PSFT] PSFT DOWNSIDE EARNINGS ALERT: 4Q OP 16C; FIRST CALL 17C DB 17:14 [PSFT] PEOPLESOFT SEES FY99 REVENUE GROWING 20-30% OVER 1998 LEVELS. DJ 17:14 [PSFT] PEOPLESOFT TO POST $6M IN ADDED 1Q CHGS ON SEPARATION COSTS DJ 17:13 [PSFT] PEOPLESOFT TO POST $175M CHG IN 1Q ON FORMATION OF MOMENTUM DJ 17:12 [PSFT] PEOPLESOFT SEES 1Q OPER MARGIN BELOW TARGET 16%-18% RANGE DJ 17:12 [PSFT] PEOPLESOFT SEES FY99 REVS GROWING 20%-30% OVER 1998 LEVELS DJ 17:11 [PSFT] PEOPLESOFT SEES 1Q REVS GROWING 20%-25% OVER YEAR-AGO DJ 17:10 [PSFT] PEOPLESOFT TO ELIMINATE 430 REDUNDANT JOBS IN ADMIN, SALES DJ 17:10 [PSFT] PEOPLESOFT TO SHIFT 100 JOBS TO NEW STRATEGIC AREAS DB 17:09 [PSFT] PEOPLESOFT Q4 OPER NET $40 MLN VS $39.5 MLN YR-AGO QTR. DB 17:09 [PSFT] PEOPLESOFT Q4 10 CENTS ON WRITEOFF OF ACQUIRED TECH - DOW JONES. DB 17:09 [PSFT] PEOPLESOFT Q4 NET 10 CENTS VS 16 CENTS YR-AGO QTR - REUTERS. DJ 17:09 [PSFT] PEOPLESOFT REDEPLOYING RESOURCES TO NEW PDT DEVELOPMENT DJ 17:09 [PSFT] PEOPLESOFT SEES 90% OF JOB CUTS IN NORTH AMERICA DJ 17:08 [PSFT] PEOPLESOFT TO CUT 6% OF TOTAL WORKFORCE IN 1Q DJ 17:08 [PSFT] PEOPLESOFT YEAR OPER NET $157.1M, OR 61C A DILUTED SHR DJ 17:07 [PSFT] PEOPLESOFT 4Q REVS $364.2M VS $260.6M DJ 17:06 [PSFT] PEOPLESOFT 4Q OPER NET $40M VS NET $39.5M DJ 17:06 [PSFT] PEOPLESOFT 4Q NET 10C A SHR ON WRITEOFF OF ACQUIRED TECH DJ 17:06 [PSFT] PEOPLESOFT 4Q OPER NET 16C/DILUTED SHARE VS NET 16C DJ 16:52 [PSFT] *PEOPLESOFT (PSFT) HALT: NEWS. LAST 22 7/16

To: aps who wrote (4351)	1/28/1999 5:20:00 PM
From: Go Blue	Read Replies (2) \| Respond to of 4509

earnings release also calls for a RIF of 430 ees.

To: aps who wrote (4351)	1/28/1999 5:26:00 PM
From: Neville H. J. Gorman	Respond to of 4509

Hi aps! Unfortunately, I think the stock will tank tomorrow! After SAP missed their numbers a few weeks ago it slumped about 15%. Besides, 90% of PSFT layoffs will be in North America (says so in next post). I don't think that's too bullish, since North America was SAP's strongest region in their last earnings report. I have no position in this stock. Sold my position after last disappointing earnings and went long EMC instead. Seems wise in retrospective. Goood Luck and best wishes, Neville