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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 (1935)	8/27/1998 11:14:00 AM
From: V3	Read Replies (1) \| Respond to of 4509

PSFT seems to exhibit a strong support at just under 30, but I have a feeling the worst is not over. If the market conditions continue to deteriorate at this rate with another sudden large drop in DJIA and NASDAQ index, I think this stock will experience a new low. Perhaps in between 26 to 27 range? I'm just returning from my summer internship and I have been out of touch with the market. Can someone please fill me in on the cause of poor technological market sector? Whatever's going on, I think this is an excellent opportunity to buy. But I am a rookie, so what do I know? Robin