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Technology Stocks : Systemsoft Inc. (SYSF)
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To: David R. Lehenky who wrote (1980)6/1/1997 8:32:00 AM
From: Dokie   of 3529
 
Do you think SYSF can hold at 12 or do you think it will fall back to single digits? After the previous quarterly report SYSF dropped quickly to about where it is now and then slowly drifted to single digits. I wonder if the second phase of this decline comes from some investors who are sitting on the fence between long and short and finally give in. I like SYSF long but I'm thinking about selling off some of my holdings on Monday and perhaps getting back in after a month or so. I agree with you that the short term looks negative but I really don't have much of a clue about where SYSF might be over the next several weeks except to guess between 7-12. Some investors may wait to see if SYSF makes a major deal with an OEM at COMDEX and if it doesn't they'll clear out.

For those of you new to SYSF you should be aware that SYSF will almost certainly make some announcement about a deal but it will be totally ignored by investors unless it is truly a major deal.
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