PSFT - Linking E-Commerce and the Enterprise Message Board

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Technology Stocks : PSFT - Linking E-Commerce and the Enterprise

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Oct 29 5:00 PM EST

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To: Michael Young who wrote (156)	10/28/2000 1:06:14 AM
From: Hector	Read Replies (1) of 197

Interesting that you mention SEBL, one of the great beneficiaries of the great bull mania and daytrading phenomenom. No doubt it's an awesome company, but with its super expensive valuation, it's bound to come back down to earth "hard". The market is in the process of rethinking the valuations on "new economy" tech companies at the same time that the analysts who follow them are being looked at with jaundiced eyes by investors. Expensive valuations on companies with just average growth like PSFT, are bound to decline dramatically. I would rather own more reasonably priced software companies like MSFT and CA.

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