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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 (2213)9/16/1998 10:28:00 PM
From: aps  Read Replies (2) | Respond to of 4509
 
michelle,
I think psft is always going to be a competitor for orcl. orcl recently hired a sap executive to help with the apps(we buy people, who we can't beat). I have already said enough about orcl, I feel equally strongly about psft. This is a very strong company growing leaps and bounds, and that is what is going to take this stock price up. I don't think psft is going to survive long term 5-10 years.. its business will be captured by oracle. But short term this stock has tremendous potential,especially with earnings coming out next week. I think this stock is going to 40 within the next month. I took a big position today at 32 5/8 and will buy on further dips. psft is going to ride up very shortly, so cover your shorts before it is too late.

btw-what other stock have u shorted. You know when I started trading, every time I used to buy a stock, it would fall...then i asked myself why the hell don't i just start shorting? It worked for a while, but I never enjoyed it too much, I am a forward looking person, and hate bashing stocks(except the ones that I think have too much cheerleaders e.g.pnlk). Good luck trading..

aps