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

To: Go Blue who wrote (902)2/4/1998 1:03:00 PM
From: Satyr  Read Replies (2) | Respond to of 940
 
I guess I'll be the lone voice of caution here. I think we're near the top of our up channel and that most of the news was probably in the stock prior to our hearing about it. Remember we're up from 31 and change 7 days ago. The earnings "surprise" i think was already discounted. We're blowing shorts out now and when that ends i see a pullback to about 36 or so. Having said this I'm out at 40 1/4. Good luck to all.


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