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Technology Stocks : Systemsoft Inc. (SYSF)
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To: Robert Scott who wrote (2683)12/9/1997 8:14:00 PM
From: patrick k chase  Read Replies (2) of 3529
 
I beg to differ. I bought sysf at 4.5 pre-split, and
sold at 9 pre-split. At that time the P/E was in the
high 80's, and I felt that the stock was symply to expensive
to hold on to. Too bad I sold out so soon- it continued to
rise to 30 pre-split, before it has had its relentless
decline. Good thing I sold out when I did!, except that
I bought into Seagate, which has decined in half its
value since. Hightech is symply too manic for me. I've
made the decision to go back to putting my money in boring
mutual funds- at least in the long run I come out ahead.
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