Softkey (SKEY)? Message Board

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Technology Stocks : Softkey (SKEY)?

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To: zTrader_77 who wrote (179)	3/25/1996 4:16:00 PM
From: hoodie	of 247

I'm sure there are those licking their chops, just dying to get back in. Once the selling is done and the stock stabilizes, they'll make their move. I mean, there is nothing fundamentally wrong with this company. Of course, these days, stocks no longer trade on fundamentals. Could the stock go below 13 1/2? Possibly, I mean it could go to 5, couldn't it? But I really doubt it...do you think the Tribune people are happy about this? Or Fidelity? Or any of the other noteholders for whom the conversion feature is virtually worthless? Anyway, remember how surprised we were by the sudden ascent (13 1/2 to 27 in a matter of weeks) and now we're surprised by the sudden descent. We really shouldn't be; comes with the territory. As for me, once I see a day or two of price stability, I'm going to jump in and double my bet.

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