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


To: bullw who wrote (4486)1/30/1999 8:52:00 PM
From: Melissa McAuliffe  Respond to of 4509
 
<< So its just lots of negative hype by shorties?>> Well you have to make your own determination since I was just offering my own opinion.

I remember last year (or maybe the year before)when all those class action lawsuits were filed against IFMX for what I considered to be a gross misstatement of revenues due to channel stuffing. I was a shareholder at the time (much to my dismay)and that was something I got really upset about because I felt it appeared to be done with the intent to deceive.

My point on this one is simply that I don't believe PSFT acted in a negligent or fraudulent manner. Doesn't necessarily mean they won' thave to do some restating but I would hope if they do, it's not significant.