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


To: Rick who wrote (905)2/4/1998 1:42:00 PM
From: Satyr  Read Replies (1) | Respond to of 940
 
I agree PSFT will go up long term but take a good look at it's chart. The recent move is about as sustained a move as the stock has ever shown (for a short time frame). A pullback would be a natural response to what has happened. And yes I would love to buy a break to the 36-37 area as I to believe in the long term profitability of this stock.
I still think the Boeing and GM contracts might be news to us but it was already in the price.