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: paul feldman who wrote (2574)	10/9/1998 12:40:00 AM
From: LLCoolG	Read Replies (1) of 4509

Mr. Feldman, Hopefully you learned three very important things: 1. When you buy a momentum stock, and the momentum runs out, you are toast, regardless of past performance. 2. Institutions and brokerage houses act in their own self interests and will take advantage of others for their own gain. Read Wednesday's USA Today, they reported that Lehman Brothers, who has irresponsibly hyped the stock to no end, put a target of 70 all the way down, and whose "analysis" has been posted here as virtual gospel, is dangerously close to Chapter 11, and is losing many of its key personnel. 3. While companies such as this are "fabulous", there are very few that remain among the mighty. This never was the blue chip a lot of recent investors, and many long-term holders who fell in love with it, believed it to be. Never even got close to being the gorilla of its segment. I hope you take these with you. G

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