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 (2783)	10/16/1998 7:54:00 PM
From: LLCoolG	Read Replies (1) of 4509

Chuzzlewit, There was tremendous news that sent this stock to the high teens, in case you missed it. Goldman Sachs did a multi-level downgrade, and sold an ungodly volume of stock. You are betting your money that you "put where your mouth is" against some bright people who took a huge loss to get out at a level not much higher than here. And while there was no "news" other than this, you are forgetting that you will always be the last to know. Executives have never been bankrupted based on class action lawsuits when their stock tanks, they just retire for a while. Good luck. G

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