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

To: Brian Sullivan who wrote (1850)	8/21/1998 8:48:00 PM
From: LLCoolG	Read Replies (1) \| Respond to of 4509

Brian, Yeah, it's amazing how PSFT went up today, when the rest of my screen was bloody red. It was also amazing that Goldman was not the only buyer today after this morning's drop. But it must have been the pure market driving this stock up today, the great fundamentals, and the sun shining on the company or something. Look for 40-42 in the next 2 weeks, but it will probably trade within a 37-43 range for quite a while. That's probably where it should be, anyway, because then it will still not be outrageously priced, but still reflect a valuation earned by a quality company that has not screwed up yet. Regards, G