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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: Tom Smith who wrote (2316)10/1/1998 11:25:00 PM
From: LLCoolG  Read Replies (2) of 4509
 
Tom,

You tell me what happens to PSFT's stock price in each scenario:

1. PSFT is part of the S&P 500. Someone decides to liquidate $250M of an S&P index fund or short S&P 500 futures, believing it will go down.

2. PSFT is not part of the S&P 500. Some entity decides to liquidate $250M of an S&P index fund or short S&P 500 futures, believing it will go down.

If the S&P is "correcting" or going down, it will dampen any independent momentum PSFT generates. If the S&P goes up, it will help PSFT.

You continue to provide evidence that you live in Fantasy Land, or perhaps Lehman Land. This premise is so simple that I cannot even fathom that you cannot understand it.

Regards,

G
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