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

To: Intel Trader who wrote (1651)7/28/1998 7:52:00 PM
From: grace  Read Replies (1) | Respond to of 4509
 
PSFT may still have selling pressure due to downward pressure in the market. The next support would be 33-35 and this is a strong support.
Since the fundamental is good and healthy, PSFT will test new high (hope by the end of this year).

Good Luck



To: Intel Trader who wrote (1651)7/28/1998 11:01:00 PM
From: GJD  Respond to of 4509
 
Let's also not forget that SAP will start trading ADRs on NYSE on Monday. PSFT has a technical Bullish divergence as recent low was not cofirmed by indicators. The whole Software market was very weak today. Resistances are 40 1/4, then 42 1/4.


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