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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Lost1 who wrote (4290)1/3/2000 6:26:00 PM
From: Saul Seinberg  Read Replies (1) of 9427
 
Hi Lost,

Have had PSFT for a lot longer than since last November <g>. Know a few folks who work there and things have changed fairly dramatically since the former CEO/founder left and new management took over. This will be good in the long run, but how good and how high PSFT will get is unknown. There are some tough players already involved in PSFT's sandbox and others (SEBL possibly) rumored to be readying competitive products.

I know you pay primary attention to the PSFT X/O chart and that all of the foregoing is reflected there by now, but PSFT doesn't look quite as good to me today as it did a couple of weeks ago. Nevertheless, I'm hanging on and looking for my PO of 25 (at least that's what my trading notes say) to be reached in the next few months. If it happens sooner, I may be able to afford that Reno soirre.

SAS...
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