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

To: LLCoolG who wrote (1944)	8/27/1998 1:11:00 PM
From: Raptor	Read Replies (1) \| Respond to of 4509

Cool .. Re: selling almost all this morning... I know we all have to take decisions, but if you want to come back, you may well be buying those shares back at a higher price than you sold at this morning. PSFT may never be as low again - and then maybe it might be again tomorrow. If anyone wanted to sell and then get back in later, I think we have lost the opportunity - it was there in the 40 range. Personally, as PSFT fell into the 30's, I thought it would turn around the next day or two and never look back. But it would start to fall again for some reason or other. Now I feel I am in too deep and it is too risky to sell and expect to buy back in for less than what I sell at. And since I want to keep PSFT as an investment, it doesn't make sense to me to dump it. Obviously, if one thinks they can be further ahead 1, 2 years (whatever) taking PSFT dollars and investing in something else then sell the sooner the better. The problem is 2 years from now some companies will have done better and some will have done worse. And we come back to the orginal notion of everything - picking the winners. My situation is that I don't have time to find other winners right now and I know PSFT is a winner. Good luck to you and let us know how things work out.