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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Melissa McAuliffe who wrote (180)	3/9/1998 11:40:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 4509

Melissa, the next time we'll see 40 is after the next split! Paul the timing maven!

To: Melissa McAuliffe who wrote (180)	3/10/1998 6:27:00 AM
From: Mr Logic	Read Replies (1) \| Respond to of 4509

Melissa there are better candidates to short than PSFT, but I look at being short the same as being long (which I still am on a number of stocks). Diversification is important, as well as 'exposure' to certain sectors, this being 'high priced ERP', others being 'internet' and 'year 2000' for example. I also feel that this is more of a blue chip short - unlikely to run wild like AMZN or AOL. On PSFT I am looking for low 30s from here. After all only 6 months ago 30 could have been a sell target! P.