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Technology Stocks : Peoplesoft (PSFT)
PSFT 0.00010000.0%Oct 29 5:00 PM EST
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To: Glinda who wrote (19)10/25/1996 12:31:00 AM
From: Jon Huang   of 56
 
PSFT will not likely drop back to 70s in a short term, but it will settle back to low 80s once this fever is over.

Short it at the high end, this is a good opportunity!
The split has no effect on the price of the stock, theoretically, but inexperienced and impatient investor will see as it as good news! 2 for 1 split only means doubling the share float, it does not change the fundamental of the company!

Jon
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