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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: gc who wrote (3066)10/21/1998 11:21:00 AM
From: RetiredNow  Read Replies (2) of 4509
 
Well gc,

this is the third quarter in a row that PSFT beats earnings estimates by a penny and the stock goes down. How low do you think it will go? I'm thinking about shorting at this point. Is it too much of a gamble? Unfortunately, I've learned the hard way that you can't make money going long on this stock, despite the company's great fundamentals.
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