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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: Roderick Ciferri who wrote (2291)9/28/1998 8:42:00 PM
From: Lei Sun  Read Replies (2) of 4509
 
Rod:

If I remember it correct, Gateway was added to S&P500 right after its April earning report. The stock went up for a few days, then sank more than 20% with DELL and CPQ. However, I guess it had a good reason to sink then, the P/E of GTW at that time was about 70, while the growth rate was just not there. PSFT is in a completely different situation right now.

Long PSFT.

Lei
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