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

To: Raptor who wrote (1905)	8/26/1998 12:47:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 4509

Raptor, I agree with your post re:psft. This is the problem I have with the bears. The fact is, the entire sector is underwater, enterprise sw stocks are weak irrespective of their fundamentals (the most notable being Siebel which posted a blowout). 3 mos ago, on some of the SCM threads, some people were predicting a decline but it was in the context of, the company is overvalued based on fundamentals, growth rates will slow, etc for the individual issue. You know, just a general point, bears dont seem to add as much value as the bulls on these boards. They just seem to come in, make predictions like "stock overvalued - its going DOWN" and then they leave. It does no good to tell me that the stock is going down without a meaningful timeframe etc. Then they come back after the fact and say "I told you so". Theres someone on the manu thread, who was like that since last October. Then in Jan, Manu soared from 30 - 60. We didnt hear from her. Then, the stock crashes, and shes back patting herself on the back. Absolutely no value add. I have nothing against bears btw Im not a rah-rah type for any of my investments. Michelle

To: Raptor who wrote (1905)	8/26/1998 2:56:00 PM
From: Tom_	Read Replies (1) \| Respond to of 4509

Down 44%... OK. I think it's a buy now, too, LT. I'm in. Of course, I've got a bad head cold. And I've been buying SBUX all the way down. And Melissa hasn't bought yet, has she? (God, what have I done?) Have faith, Raptor.