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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: gc who wrote (4214)1/10/1999 11:38:00 PM
From: The Player  Read Replies (1) of 4509
 
~OT~

gc,

THE Player has no intention of selling his PSFT. I have to disagree with you, the downside risk here is only a couple of points with an upside potential of at least 15-20. I also think investor sentiment is starting to turn on the stock as well and that the stock will do very well 1999 overall.

PSFT is not the only security I own either and I've coincidentally made a ton of money in a few of the internet stocks you own. It's not fair, however, to compare the performance of PSFT to that of an internet stock. The risk that I assume by purchasing a PSFT is far less than what I assume when I purchase an internet. I therefore don't require as high a return. In financial speak this is known as a RISK/RETURN tradeoff. Maybe you've heard of it??

Not to be condescending, but I really don't think I need your advice. I'm doing just fine on my own..Thank you.

Regards,

The Player

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