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: Chuzzlewit who wrote (3743)	11/28/1998 8:21:00 PM
From: LLCoolG	Read Replies (2) of 4509

OT Chuzzlewit, But what about those who figured out that the rest of the second tier Internet stocks would follow EBay and Amazon? Those two did not really move that much last week in relation to the second tier stocks. And there are still quite a few out there that have run in the past that are not even close to their previous highs. I am not disagreeing that they will come back somewhat, and that a lot of them will emulate KTEL. But by watching what was going on and making astute observations about where money is flowing, instead of analyzing income statements and balance sheets, people could have made an absolute killing, and they can stil make money there. IMO, these stocks are gold until the Christmas season is passed. Any Net stock has been much better than PSFT. I have recouped all the money I lost on this dog and then some this past week, thanks to the Lord. I am surprised you of all people don't understand and pay homage to momentum and where money flows, benefitting from DELL as you obviously have. I won't credit PSFT there anymore. People who buy into these stocks like EBAY and ONSL here may be risking a lot. But folks who bought a few weeks ago are not lucky or greater fools. That's like saying Randy Moss is just lucky when Cunningham just throws it up there for him. Oops, sorry, that was from the NFL--you may not understand that working-class reference. "Tulips" owned during the planting season are called "5-baggers" when they pop. Then it's all profit, and nobody can criticize that. Regard$, G

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