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


To: Lizzie Tudor who wrote (1682)7/29/1998 1:39:00 PM
From: Intel Trader  Read Replies (1) | Respond to of 4509
 
k. thanks <eom>

it



To: Lizzie Tudor who wrote (1682)7/29/1998 1:50:00 PM
From: Melissa McAuliffe  Read Replies (5) | Respond to of 4509
 
What area of expertise are these on the beach consultants? Across the board or specific to one application area?

I think what's happening here is that this whole software sector is just falling out of favor right now. Even sebl which reported 100% growth is dropping. The money is going somewhere else. Just wish I knew where. But I don't think any of this is permanent but that doesn't mean it will stop tomorrow.

I almost wonder if it isn't getting to be a good time to buy Jan calls on all of these stocks. Assuming one would consider buying calls which I know everyone won't. But that would give you six months for these stocks to turn around. I don't think I'd be comfortable with anything shorter term. Who knows....maybe everything will go a little lower. But I think I'm going to seriously consider buying some calls at some point. But probably not today.<g>