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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 (376)4/1/1998 11:42:00 AM
From: Peter W  Read Replies (1) | Respond to of 4509
 
Melissa

I gave up waiting for the dip to 40 and bought at 50 (and again at 52). I don't know that waiting for a 50 dip is such a good idea, what if it never comes (like the 40 dip).

I'll tell you what P****s me off though - I did some trading in psft back at the beginning of feb, and sold at 41. Can you believe that? <g> I made a few bucks so I'm not complaining, but I sure wish I'd kept em.

Peter



To: Melissa McAuliffe who wrote (376)4/1/1998 12:48:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 4509
 
Melissa, why do you think a dip to 50 now is any more realistic than a dip to 40 was about 10 points ago? Words of wisdom from the market timing maven: I have just taken my medication. I have no idea of what I am talking about! Market timing doesn't work! Just go for it if you like the company.

Regards,

Paul



To: Melissa McAuliffe who wrote (376)4/1/1998 2:59:00 PM
From: Raptor  Respond to of 4509
 
Melissa ,,, I do not see $40 anymore ... And I've got another problem

I sold some of my daughters' stock to crystallize some gains (i.e. no tax in low tax bracket). This was in high 40's. My plan was to buy back soon after - presumeably at a lower price. Well, I haven't seen that level either - let alone $40!!!!

Oh, woe is me! The only consolation is my net worth keeps going up up up!


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