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: RetiredNow who wrote (3786)	12/1/1998 11:24:00 PM
From: George L. Smith	Read Replies (2) of 4509

>> I'm buying more CSCO, RMBS, and BRCM on dips of 25% or more. You probably see 25% and think I'm dreaming, right? Well, unfortunately, it's all too common these days. << I'm doing pretty much the same but I'm halving my position on a twenty percent rise and doubling on a ten percent dip, that way I can follow the run if it happens to go that way and catch a few of the dips as well. So far I've done pretty well, with the exception of PSFT on the way down. I got a good amount at 19 and got that out at 21.5, but I'm still down allot on PSFT. The problem I had was believing the conference call and buying on the way down, instead of waiting for it to finish the slide. Obviously I'm not pleased with PSFT management right now. George

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