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 (2159)	9/4/1998 4:44:00 PM
From: dougjn	Read Replies (1) of 4509

The last few minutes of trading in this stock were very strange. After opening way up in a somewhat up market in the morning, it continued moving slowly up most of the day even as the market reversed. Then it finally succumbed to the sharply steepening slide after 2:30 and moved to its lows for the day around of around 30.5. Not surprisingly Psft then reversed up fast with the market in the last 20 minutes or so and looked to be heading back up towards its day highs. But in the last two minutes or so it shot back down 3/4 of a point. Must have been some big seller. Basically this stock sure looks like it wants to go up pretty strongly in any kind of decent rally. I think the CC did the stock a lot of good. Doug

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