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Technology Stocks : Portal Software, Inc. (PRSF)

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To: Geoff Altman who wrote (188)5/8/2001 3:24:14 PM
From: captaintime  Read Replies (1) of 318
 
Geoff,

I reentered at $5.85 yesterday; am showing yearly low at $4.75; I am looking to double up at any figure under $5 a share. My opinion is that Portal's flexible billing system is suited to wireless internet usage and many of the underlying contracts have been signed with large telecom service providers. When the account stream begins to rapidly increase this stock will take off; and I believe that will happen sooner than we think. I had sold my position at $9.30 taking profits with others being wary of the fast increase in price of Naz stocks in April and May stretching beyond fundamentals; am still weighted more than 90% cash and waiting for another buying pportunity.
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