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: SDNA who wrote (4470)	1/30/1999 12:51:00 PM
From: david	Respond to of 4509

actually, this is management problem. i think PSFT's management team has been doing well to handle an environment with fast growth, but that's not enough and not too difficult. now it's time for them to handle or to learn how to handle an environment with slow growth and this is a more difficult job. this job cut proves they have hitted a small nail on wall when dealing with the difficult job, still not too bad if they can learn sth from it. in this sense, i dare not say PSFT's worst is over. i wish their new investment on e-business is successful. d.

To: SDNA who wrote (4470)	1/30/1999 1:40:00 PM
From: Charles T. Russell	Respond to of 4509

I suspect they were hiring for more technical job classifications, and the layoffs are for different positions. Can anyone confirm this?

To: SDNA who wrote (4470)	1/30/1999 3:11:00 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 4509

"It's the first time the Pleasanton-based firm, the world's second-largest business management software-maker, has slashed jobs. Oracle is number 1 and Psft is number 2?? I doubt it. I think Oracle is #1, Sap is #2 and psft a distant #3 actually. Sheesh the Chron needs to get some better technology business writers. Little mistakes like this are annoying... they wrote a commentary regarding Amzn that was way off the mark too. SF is attracting all the new internet biz and software has moved north away from San Jose so the Chron needs to get some real heavyweights in technology and start competing with the SJ Mercury.