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: V3 who wrote (3362)	10/30/1998 10:51:00 AM
From: gc	Read Replies (1) of 4509

Robin, as I explained to you in an earlier private message, I don't see the resistance level at 25. The trading range is more likely in 19 - 22 than in 19 - 25. Normally, you don't see a 30% trading range. 15% is more likely. Plus, 25 is a little too high for a stock with 25% growth and with a murky outlook. Yes, I am shorting it at 22.

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