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: Chuzzlewit who wrote (2786)	10/16/1998 4:04:00 PM
From: Elmer	Read Replies (1) of 4509

Sorry, I must plead ignorance on both counts. WRT the market saturation issue, that is a conventional view that may or may not be correct. I think the growing belief in market saturation has had a lot to do with the 60% haircut the stock has taken. WRT LLcoolG, he has said he has level 2 quotes. Those quotes show which firm's MM is the high bid. So if he is watching the trading, and GS is consistently the high bid, he knows these things. But I can't independently verify it cause I don't have level 2. Regards David

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