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

To: Neville H. J. Gorman who wrote (4366)1/28/1999 5:42:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 4509
 
I actually was thinking that stocks go up when layoffs are announced. I thought a layoff announcement would bode well for psft stock - geez is that backward thinking or what? Look what the stk market has done to me. Anyway layoff or no the real news is that "restatement" thats the real problem, wish I could figure out whats going on here.



To: Neville H. J. Gorman who wrote (4366)1/28/1999 10:41:00 PM
From: Webbster  Read Replies (1) | Respond to of 4509
 
SAP had layoffs late in '98. Canada was hit hard, as was the sales force in North America in general. 10% in some areas were the numbers I heard, but actual amount not confirmed. SAP definetly had layoffs.


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