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


To: garrick le who wrote (2297)9/29/1998 2:29:00 AM
From: tech101  Respond to of 4509
 
PSFT was beaten up so severely that there are about 10 million short positions there. The shorters have to buy the shares back, fast.

Additionally, the earning is coming out with a strong possibility of positive surprise. Counting the employment pages of any newpaper or trading journals, sometimes pages and pages, you will find how many (thousands) PeopleSoft professional positions available in the job market.