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: Raptor who wrote (4050)	1/1/1999 7:46:00 AM
From: Elmer	Read Replies (1) of 4509

Hi Raptor, The beginning of February makes good sense. Let's wait until then. We may end up on a positive note on the stock price. If it's going to move, now should be the time. Consider what is behind us starting today: 1. options repricing 2. Momentum spin-off 3. Individual tax selling 4. Window dressing by institutions. If it runs in the next four weeks up to the earnings announcement, it will be because the 27 year old MBAs running institutional money can buy the stock without fear of reporting ownership in a quarterly report. If earnings are good and the stock pops, they are heros. If earnings aren't good, they sell and no fund shareholder is the wiser. So, it should be an interesting month. Happiest of New Years to All, David

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