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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: George A. Roberts who wrote (4386)1/28/1999 7:45:00 PM
From: Smart Investor  Read Replies (2) of 4509
 
I do not know what will happen tomorrow. The Street is very unpredictable. I think the whole internet mania make a big mess out of the street and a lot of investors. Lot of people gave up fundamental investing and started chasing the hot net stocks. By doing this, many fine companies are ignored. I still feel holding PSFT is safer than holding YHOO or AMZN in the next 6-12 months. However, if you want to make some quick money, then maybe it is best to cut your small losses now and move on. Personally, I am not good at trading, and I tend to hold my position for a long time. In 1-2 years, PSFT holders may come out way ahead of the internuts holders. I think many people who rush into internuts stock now will get ruined soon.
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