SI
SI
discoversearch

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 - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Melissa McAuliffe who wrote (180)3/10/1998 6:27:00 AM
From: Mr Logic  Read Replies (1) of 4509
 
Melissa there are better candidates to short than PSFT, but I look at being short the same as being long (which I still am on a number of stocks). Diversification is important, as well as 'exposure' to certain sectors, this being 'high priced ERP', others being 'internet' and 'year 2000' for example. I also feel that this is more of a blue chip short - unlikely to run wild like AMZN or AOL.
On PSFT I am looking for low 30s from here. After all only 6 months ago 30 could have been a sell target!
P.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext