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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: Melissa McAuliffe who wrote (3546)11/16/1998 11:46:00 PM
From: Trader Dave  Read Replies (2) of 4509
 
Melissa,

I don't know what to think, I am very skeptical. I would make this argument though, you will never ever see a structure like this created when the core fundamental business is in BETTER shape than the street's perception.

I have no investment either way in PSFT, but in contrast to many of the folks that view the stock as a bargain because of where it's come FROM, I am more concerned that over the next two years, the stock is going to languish at best.

Tomorrow will be amusing.

TD
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