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Technology Stocks : Raptor - Where does it go NOW?
RAPT 57.660.0%3:59 PM EST

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To: Kevin Kessel who wrote (398)7/19/1997 6:37:00 PM
From: Bosco   of 652
 
hello Kevin - MSFT's threat is probably one of the reasons. Of course, it hasn't happened yet. Superficially, the p/e is still fairly high, and as you may know, the correction in Apr has targeted a lot of hi multiple stk. The nervousness of earning is another near term factor.

Ultimately, we ve to decide whether we can stomach the risk and what is the reward. Unfortunately, I am not the best person to give you sound advice, as I ve the tendency to root for the underdog (sadly, I do hold FTPS - probably it will go soon!)

regards, Bosco
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