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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: RetiredNow who wrote (3079)10/21/1998 11:41:00 AM
From: gc  Read Replies (1) of 4509
 
Lots of bull kept talking in this thread about the "great fundamentals" of this company. Well, it was true. But not anymore. The shift of fundamental happened six months ago. The subtle sign showed up in its April earning report which prompted me to sell. The estimate has now come down as I have expected. But we have not seen the actual numbers yet. When we see it, then the stock may have reached its bottom. My prediction is low teens in 3 - 6 months. Of course, this is just one man's opinion.
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