To: Jin Chun who wrote (6) | 4/23/1998 8:21:00 PM | From: fred douglas liebling | | |
Just try to imagine how well this ipo would have done last week when manu and sap soared into the great beyond; whereas today they had their debut in the ashes of a suddenly fallen sector! Even with the great article in Barrons, this one fell off the radar screens, and therefore I think those of us who bought today are gonna be real happy a few weeks, or even days,from now when the buy recommendations come out! This one's gonna fly with the rest....I just don't think a big bump like today is gonna derail this sector; earnings are still very real and very amazing. Certain momentum players run in and out but the EARNINGS of companies like PSFT, SAPHY, MANU, are real and their high PE's are the premium. good luck, fred |
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To: rmagrino who wrote (9) | 4/28/1998 6:40:00 PM | From: Feraldo | | |
Real earnings are right. I am downright impressed. I won't buy IPO's though. I give them two weeks, then I'll buy if they stay in this general trading area or thereabouts. Jeanne mentioned CLYS (the competition). Well I sold CLYS and I am reserving that money to buy MANH, because of the valuation she forced me to do between the two. CLYS obviously does not have the stuff. |
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To: rmagrino who wrote (9) | 5/6/1998 5:33:00 PM | From: Les H | | |
The 5- and 10-day intraday charts indicate the on-balance-volume is rising. So, it appears the stock is being accumulated. If we have a correction and this one holds up, it may be a good stock for the next bull run. Another good sign is there were only 10 posts on this thread. |
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To: Robert Scott who wrote (12) | 5/8/1998 10:22:00 PM | From: Carl van Rooyen | | |
Major increase in 1Q revenue is great news... IMO the -.02 is not a big deal and today's activity reflects that. My broker thinks a lot of traders sold off just prior to earnings release without any real clue of what to expect. I'm chewing on a little more margin than usual for me, and was just a tad nervous watching all the sells yesterday. Positive thoughts...This week I spoke with the CFO, Mike Casey, and he seems very sharp, and candid. He has been with two other major software companies, and I believe him when he says he is in this one for the long haul. BTW, the company told me earlier this week to expect the earnings release at 4:30 pm on 5/7/98. This may seem like a trivial point, but the wire lists the release promptly at 16:30. That sort of attention to detail, however seemingly insignificant, has always impressed me.
I am optimistic about seeing one or two buy recommendations in the very near future. Good luck to all longs. Shorts begone. |
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To: DD™ who wrote () | 5/11/1998 6:59:00 PM | From: Sam Pantel | | |
The problem with this company is that it is way overpriced. Bases on Price/Sales and Price/Earnings. Maybe around $15 it seems reasonable which is where it is headed if this correction continues. Would be a good time to buy. |
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