PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

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Oct 29 5:00 PM EST

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To: Raptor who wrote (900)	2/4/1998 12:50:00 PM
From: Go Blue	Read Replies (2) of 940

A little off-topic: I can't believe the swing in BAANF today, apparently related to PSFT's stellar earnings (couldn't find any other news). BAANF misses First Call mean by a penny (not to mention having a PE of 130+), recieves a couple of downgrades, and the stock is flying. Unbeliveable. Back to PSFT, too bad the markets are flat today. I think it's holding our momentum back, but only temporarily. I expected to see a bigger swing today (4+ pts). Remember when BAANF was in hot water wtih BA, and their stock dropped 6+ pts in one day? I expected the opposite effect with PS's BA announcement, not to mention the fact that one of the largest employers in the country (GM) now uses PS.

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