PSFT - 1999: The "Make-It-or-Break-It" Year? Message Board

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Technology Stocks : PSFT - 1999: The "Make-It-or-Break-It" Year?

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Oct 29 5:00 PM EST

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To: Mr. Aloha who wrote (324)	3/27/1999 6:43:00 PM
From: Michael Burry	Read Replies (1) of 1274

Mr. Aloha, the time to buy Apple was when everyone was bearish and no one wanted the stock. The discussion at the time was not even "Will Apple survive?" but rather "How long until Apple is no more?" That isn't happening with PSFT. The time to buy Apple was when, amid all this, Steve Jobs was rehired. PSFT's guiding mind hasn't even left yet. I've been a bear on it and the stock price is down, but there is a strong bias among the general investment community in discussing PSFT that the company just needs some time, and that once this Y2K slowdown passes, PSFT's will "leverage their installed base." We'll see. Mike

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