PSFT - Fiscal 1998 - Discussion for the next year Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elmer who wrote (2782)	10/16/1998 5:07:00 PM
From: Lizzie Tudor	Read Replies (1) of 4509

David, I noticed some weakness in July with regard to application software. Of course I didnt act on my suspicions and was in a few stocks that took a hit. At that point I realized that the ERP sector, and specifically Sap, was ripe for a dramatic decline. Some companies like Psft I never thought would be hit as hard as they have been because fundamentally I think psft has a lot of room to grow and take mkt share away from the other ERPs. I just decided to get out temporarily until the mkt realized that the mkt was maturing a little. I have had 2 short positions in Sap (I still have one) that have paid off... when I cover the Sap short I will probably buy some psft and sebl. That said, when momentum leaves a sector like it has enterprise sw you just dont get the moves you used to. When I become long again it will represent a smaller amt of my portfolio than in the past unless something changes. Yahoo and Aol seems like the place to be these days.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next