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: Lizzie Tudor who wrote (3413)	11/2/1998 12:58:00 PM
From: mauser96	Read Replies (1) of 4509

Thanks for reminding us that for companies to be in a hypergrowth phase they "have to come up with new solutions to somebodys business problem". This is the key question that high tech investors should remember. I doubt if PSFT fits this category anymore, and in fact I really can't think of any companies that do, yet are are still available at non astronomical P/E ratios. If you know of some please share your insight. The closest I think might be Citrix, but it's not cheap A company that is long past this stage can still make a lot of money for it's stockholders. (example Microsoft), and if PSFT can maintain even a 20% annual growth rate profits will triple in 3.6 years. Meanwhile we have a nice mini-bull,and PSFT is dead in the water with poor relative strength, and funds in this stock might be better used elsewhere. The same might be said for SEBL since a comparison chart shows that SEBL and PSFT track fairly closely since July. I own both but think it may be time to time to sell. The money that I have tied up in these may pay off eventually, but meanwhile I have other stock purchase candidates in an uptrend.

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