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Technology Stocks : PSFT - 1997 Outlook [closed thread] -- Ignore unavailable to you. Want to Upgrade?

To: Satyr who wrote (708)	1/12/1998 4:13:00 PM
From: Satyr	Read Replies (1) \| Respond to of 940

What a rotten performance by Peoplesoft. The only bright spot was that it didn't tank early when the market sold off big time. But from that point on it really performed poorly. The hourly bar chart shows us still very much in the short term bear trend. After testing the trend early in the day it just slowly gave up ground. Not even the late rally moved it. Over 7million shares traded i guess we have to hope that we put the base in today. And that the Asian markets don't collapse again.