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Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Klar who wrote (1501)	11/13/1997 11:13:00 AM
From: kathleen e duffy	Respond to of 5650

Ed, I pretty much agree with the above comments about analysts and CNBC, etc..It doesn't take much to LOOK like you know what you are talking about. Actually knowing is little more challenging. I just try to stick to what I _know_. And the stock market is a gamble. It rises and falls on the opinions, intuition and whims of OTHERS, supply and demand, which can be manipulated in many ways. So any decision I make in the market is made by balancing what I know to be true with what I think others will do. But I try not to confuse facts with hype, though I take both into account. And I think that's about all you can do. Analysts are only one datapoint. The selling that occurred in this stock yesterday was mostly retail. Hardly any large blocks. That means to me that the little guys were doing all the selling. I think the dip in the market yesterday scared them, given the crush of a couple weeks ago. But I don't see the big guys selling. -kate long psix