SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSFT - 1999: The "Make-It-or-Break-It" Year?
PSFT 0.00010000.0%Oct 29 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zhivago who wrote (416)4/4/1999 10:45:00 PM
From: Raptor  Read Replies (1) of 1274
 
Dr. Z... The Rap has bled big time and is almost extinct.

So far I have been loath to part with my original (very original) stake which is circa $5 per share. Now I know some wiseacre will tell me to hang in another week or two and I can claim a loss.

I hung in far too long with the rest of it - unable to move, somehow thinking it would recover some. But, no, it never saw north of $20 again. Should have sold some last summer and should have sold lots more when the world came crashing in last Oct. 1.

I have been wondering about another tech correction in the spring, but doesn't seem to materialize. (This is to buy other than PSFT).

I guess the old saying about the higher they climb, the further they fall applies. If I held some hot shot Internet stocks right now, I would think the same thing could happen. Of course, I have just cued someone else to bleat on about how they are making a killing in Internet stocks. Well, if you have, good on you - but sell a bunch and take profits. Don't hang on until it is too late. I thought PeopleSoft still had some gas in the engine - unfortunately, someone added sand to the mixture.

If everyone doesn't mind, I really don't want to discuss it. My livelihood is dependent on their software and I find it difficult to be supportive on one hand (I like the software and the people) and think about how they could have been so wrong about things.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News