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

To: Elmer who wrote (2284)	9/27/1998 9:36:00 PM
From: LLCoolG	Read Replies (1) \| Respond to of 4509

David, I don't know if that was an excellent response, but that is my opinion from what I have seen. To be blunt, I have no idea if and when major buyer will be back. I would suspect that Goldman Sachs has already bought a tremendous amount of shares already. I just think that at some point in the future--perhaps a pre-earnings run up, after the October earnings, or maybe even next year sometime--that there has to be one more run on this stock. While it can be argued that this stock is now "fairly" valued based on the PE ratio, this stock has made too much money for too many people for too long for it to die out like it has. I'm back in if it gets to 29 for a bump to 33-34. Just my 2 cents. Regards, G