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

To: nokomis who wrote (4419)	1/29/1999 2:38:00 AM
From: Rusty Johnson	Respond to of 4509

Doesn't sound all bad to me ... Revenue was $364.2 million, up from $260.6 million. PeopleSoft said its revenue from services rose 82 percent from the prior year's quarter, while revenue from international operations increased 60 percent to $64.4 million, compared with $40.3 million. Looking forward, PeopleSoft anticipates first-quarter 1999 revenue of 20 percent to 25 percent above the year-earlier quarter, with other income approximately 15 percent under that period. Analysts surveyed by First Call expect the company to earn 15 cents in that quarter. Finally, PeopleSoft said it may acquire additional companies, technologies or products to upgrade its product offerings during the year. Maybe I can get more at 18 ... cbs.marketwatch.com Best of luck.