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


To: Lizzie Tudor who wrote (2002)8/31/1998 2:09:00 PM
From: GJD  Respond to of 4509
 
psft was reiterated "buy" by Salomon Smith Barney this a.m.



To: Lizzie Tudor who wrote (2002)8/31/1998 2:43:00 PM
From: Melissa McAuliffe  Read Replies (2) | Respond to of 4509
 
Don't know why it's up. But I spoke with a friend at psft this morning and he (and others he knows) actually bought stock late last week. He said the stock price is simply not reflective of what's going on in the company. My opinion is that if you really want to get a feel for what's going on in a company you either talk to someone at a very high level or you talk to people in the field. If the salesforce feels good then business is usually good.

The problem right now is the market and who can say what that will bring. I guess if this turns into a longer term bear market it's bad news across the board. I just don't know what's going on anymore with anything.

There's no doubt in my mind psft is a bargain right now. I'm still waiting to see what happens in the overall market though before I commit any $. I just think that's a safer approach at this point....at least for me.