PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (148)	3/9/1998 4:33:00 PM
From: Raptor	Read Replies (4) of 4509

Melissa , It does not look good for us these days ... I mean from the viewpoint of seeing that dip for a buy opportunity. Look at PSFT today - the tech's are in the dumper big time and there is PSFT up on the day (even SAPHY was only even last I checked). BTW, BEAS also was up over the day, but finished at even money. The rest of the gang I usually look at or hear about are down. PSFT has shown amazing resilience in general down conditions (and no reason it shouldn't - we ought to be thankful it is not getting dumped on in the general malaise because most of the bad news has no bearing on PSFT). I don't think we are going to see <$40 which is what I need to see for an entry, or I am behind 8-ball. I don't feel too bad, since I needed to free up some cash anyway and I didn't sell out as much as I might have. Our baby is really climbing steadily lately and doesn't look like it will fail anytime soon. Another sign - the shorters and detractors are NOWHERE to be seen these days on the thread. I can see Paul chortling away at our predicament as he reads this. We feel great when we think about how much our net worth is going up, but we anguish over not having a buy opportunity. Maybe $41-42 the other day is going to be low for a long time. You know, soon I am going to give up and buy at any price.

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