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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (1668)7/29/1998 12:01:00 PM
From: Carmine Cammarosano   of 4509
 
Melissa, seems like Wall Street does not want to find themselves in a position like we saw with CA, ie software company with high PE and then the negative surprise...PSFT is/was trading at a high PE and Wall Street is not going to wait around for the negative news...High PE = no room for error...
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