PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (885)	2/3/1998 10:38:00 PM
From: Rick	Read Replies (1) of 940

It would be interesting to know how much short-covering will happen tomorrow. Unless you have a hedged position, it must be awfully frightening to be short at the moment. Not only is the quarterly report positive, we have a significant announcement in Boeing (kudos to you for being on that early), and we have accelerating optimism about the tech stocks in general to boot ! Very frightening, indeed. I am going to stick by the projection that the stock will hold in the 40's for February - we'll see. Frankly, I don't see a little flirtation with 50 to be completely outlandish - what do you think, am I out on a limb on this one ? Cheers.

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