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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: Lutz Moeller who wrote (2372)10/2/1998 12:03:00 PM
From: AlienTech  Read Replies (2) of 4509
 
There will always be a lot more selling, The question is do enough people think that its a good buy and step up to the plate. The one thing not to do is panic or freeze. What is the downside here. Since the company is not in any real trouble the downside might be around 20-21. Upside can be up to 33 or so. The best play here today for PSFT is to sell long term puts at the 20 strike since the premiums are very high.
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