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Strategies & Market Trends : LastShadow's Position Trading

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To: Dave Shares who wrote (3879)	12/8/1998 9:23:00 PM
From: Susan Saline	Read Replies (1) of 43080

PSFT I don't know squat about the company ... 'cept ... they are profitable ... + .62 per share have a p/e of 32 (whatever that means) have a 52 week low of 18 3/8 have a 52 week high of 57 7/16 I know .... it has followers (volume) it has a pretty active thread ... meaning sustained interest it keeps bouncing off 19's ... kinda reminds me of Ascend ... Ascend never deserved to be a 23 dollar stock last year .... and now it's back to normal ... a 60 dollar stock somebody plunked down a goodly amount of dollars shortly before I bought it at 20 1/8 (around 19 3/4 I think) although the somebody's (with big money) are often not correct in finding a bottom ... I would hope they are a lil smarter than I ... and come darn close with a short term target of 23 ... I am giving up the majority of profit .... but but but .... when it's gets to 23 ... the resistance will probably scare me out :o( stop ... of course ... at .... 19.50 if it closes in the green tomorrow that will generate a buy signal tscn.com input / opinions always welcome :o) Sue

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