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

To: Just_Observing who wrote (1613)	7/23/1998 1:22:00 PM
From: Terrible Toad	Respond to of 4509

I'm out! I fell like Kramer when he said he was out of the master of his domain. I sold 2500 of my 3000 shares at a 40 3/16 today. Everything that I read on the earnings and forecasts indicated slower growth & numerous potential problems that could occur. I'm taking profits & I refuse to allow a paper gain to evaporate. I moved my money into sgp, wla, pfe,mrk. (I know these too have high p/e ratios, but healthcare stocks have pricing power & a new drug can be a catalyst for a higher price; I know O/T)