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

To: John Sikora who wrote (1818)8/19/1998 3:09:00 PM
From: Spaw  Respond to of 4509
 
John,
You are correct. This is due to options expiring this Fri.
Maximum pain and all that.
PSFT is at support now and will most likely move higher either Friday or next week.
A good entry to go long here.

--spaw--




To: John Sikora who wrote (1818)8/20/1998 2:04:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 4509
 
John, please tell me why you think that market makers are the ones keeping this stock low. I have heard that before from other posters who are dismayed at the low price of a stock. In addition, tell me if you know of a way for a market maker to keep the price of a stock low without losing his/her shirt. Comments like this don't make much sense to me, but am willing to listen. TIA.


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