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: ioioioi who wrote (3350)	10/30/1998 8:18:00 AM
From: Susan Saline	Read Replies (2) of 4509

have you ever seen the ad that some brokerage has that shows a zig zag chart and asks you .... do you buy here (shows the high point) and sell here (shows the low point) many stocks are down 50% or more ... due to the general poor health ... the market correction caused. this is one of them. You could sell it here, but PSFT chart has bottomed with the reward:risk factor weighing heavily in favor of rewards much better than the risk. I am a "bottom fisher" and have been following this stock since it's move the the (S&P500 ?)... I never did chase it back then. You may have entered at/near that time .... during the run up, on a dip .... that turned out to be a new downtrend. You should not worry about this investment .... it'll rebound back to former glory. gosh! They even have earnings! I have a short term target (few months) of 30 to 35 ... once it starts to move ... it will be one that others will be chasing again. Good luck .... with your choice Sue

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