PSFT - 1997 Outlook [closed thread] Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - 1997 Outlook [closed thread]

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Satyr who wrote (778)	1/26/1998 7:00:00 PM
From: Rick	Read Replies (1) of 940

I think the tendency to be paranoid about any drop close to an earnings announcement is always there. Given some of the media hysteria about Asia, Clinton, and overall market valuation, I would expect that to be even more pronounced. Unfortunately we cannot predict or conclude what causes a certain price movement given so many variables. There is a certain amount of randomness as to when holders sell their stock and buyers buy stock. Over time the randomness is weeded out and a real trend is seen. I am not concerned about the long term story here. I will continue to accumulate the stock until additional material facts are presented. I think we will need to wait for earnings on Feb. 3.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next