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To: Sonki who wrote (15165)12/28/1997 2:22:00 PM
From: margaret tasset  Read Replies (2) | Respond to of 27012
 
Sonki and All, buy, sell, hold or short on Physicians Sales and Serivce (PSSI). Anyone have any opinions on this stock or how the recent merger will affect the short and long term of the stock price?




To: Sonki who wrote (15165)12/28/1997 2:31:00 PM
From: W. Clinton Terry  Read Replies (2) | Respond to of 27012
 
Sonki:

I think Yahoo's PE is over 500.

Clinton



To: Sonki who wrote (15165)12/28/1997 4:29:00 PM
From: Judy  Read Replies (1) | Respond to of 27012
 
sonki,

I stand ready to short the airline and drug sectors, refer to my post of 12/24: Message 3039347.

DELL is on the way down and has not found bottom yet. Michael Dell would not lie but he can only say what he knows at the moment. If the Asian countries cannot predict their situation in six months, then neither can Michael. Understand also that CPQ has minimal exposure to Asia but that did not stop its slide from mid 60's to low 50's. I take to heart what the market says, everything else is academic in this market.

Whether investing/trading big money rotates from sector to sector and it's a matter of time that richly valued sectors will be renormalized. People ask me for proper entry on stocks and are willing to wait until the stock reaches that level. However if I am willing to wait for the stock to come to me, then I have a fair level of confidence that it will indeed fall. In such cases, I may go net short until I go long.

EMC may be close to bottom, provided it has negligible exposure to Asia. We shall find out in a few weeks. Sonki, there is no rush to go long any techs.