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

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To: aps who wrote (1981)8/29/1998 9:23:00 PM
From: V3  Read Replies (1) of 4509
 
Thank you, aps. I did confirm with SURETRADE, and what you said is true. Looks like Datek is going to be my new broker...

And what's with PSFT? I hate to see my favorite stock being flushed down the toilet. Lot of the shareholders appear to be losing their shirts and blouses. Why the continuing price drop? Does this have anything to do with the current situations in Russia? Are nervous investors pulling out of PSFT to divert their funds into bonds? Is it the puts and calls? Or are others shorting the heck out of this stock? I've always thought the stock's price was governed by whim of market makers and dictated by the buying and selling in the market. I don't believe in spontaneous price movements. Therefore, these recent price behaviors must be the direct result of investors' actions and somebody is getting very very rich in the midst of this chaos. The question is who?

Robin

p.s. Sorry if I seem to dwell on the rudiments of stock trading, but I am a rookie.
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