Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Prosoft Software (POSO) -- Ignore unavailable to you. Want to Upgrade?

To: Milk who wrote (1)	2/11/1998 8:32:00 PM
From: JERRY GACH	Read Replies (1) \| Respond to of 90

Hi Milk, Even though the thread is extremely busy :) I will take the time to answer your question. I rode Poso on the last go round from 7 to 13...I bought more last week at 8.5 (thought we were taking off again) and today I placed a low ball offer of 7 3/4 when it was trading at around 8.5. I got filled and then some. I sure didn't expect this kind of activity today. I tried to pick up some more at 6.75 but the ask never dropped that low. I have been in communication with this company and have emailed and received responses from Don Danks (co-founder and vp). Don is very good at responding to shareholder inquiries. Here is what I mailed off to Don this afternoon. Mr. Danks, My friend and I purchased several thousand shares of your stock today on the dip. This was immediately before todays downgrade. I have a couple of questions for you if you wouldn't mind. 1. Why would the analyist downgrade the stock almost immediatly after POSO received contracts with IBM? 2. Why hasn't POSO discussed potential revenues on the IBM deal? It was nice to see the bounce at the end of the day, but I expected the stock to react much more favorably to the IBM deal last week. Your comments are appreciated. Thanks, Jerry Gach tortaboy@ix.netcom.com