Project Software: PSDI Message Board

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Technology Stocks : Project Software: PSDI

PSDI 0.00

Mar 22 5:00 PM EST

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To: soozathelooza who wrote (29)	4/2/1997 11:13:00 AM
From: Peter Smith	of 134

For the folks who doubled up last week.....still think this stock will be in the 40's this year? What a joke. Why would ANYONE add to their position in a volatile stock like this right before it announces earnings, especially in this market environment? Those who did ust lost over 50% of their money. When will people learn that if you really like a stock and earnings are close to being announced, that it pays to wait? If earnings are better than expected, you wait a few days until the stock cools off then buy....75% of the time the stock will sell off on the good news anyway. If earnings are WORSE than expected? Well, look at your wallet today for the answer....

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