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


To: AlienTech who wrote (303)3/25/1998 3:05:00 PM
From: Tom Kearney  Read Replies (1) | Respond to of 4509
 
Alien - If you don't know why PSFT is different from IOM then all I can say is, let's talk in 9 months. I will have > one year's gross salary invested in PSFT at that time. Also, I am indifferent if it turns out to be 8 months or 13 -> but $25 will almost certainly not happen. But, I am also indifferent if PSFT goes through $25 to $100 - I will simply buy more at $25.

BTW, I bought ORCL at $24, $18, $12, $8 and then $5 in '91, 3 or 4 splits ago (most sold by last summer), and MSFT at $15 (split adjusted) in 1/95 (all still owned). Barring WWIII, PSFT cannot fail.

Regards,
TK



To: AlienTech who wrote (303)3/25/1998 6:04:00 PM
From: Kirk K. Hapke  Respond to of 4509
 
<<<PSFT will never ever be $100 in 9 months, At least that much I can say for sure, Will it go to 25 is much harder to say... I'll bet you every cent I have on that one.>>>

Man is that dumb or what?