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


To: Mohan Marette who wrote (2346)10/2/1998 10:05:00 AM
From: LLCoolG  Read Replies (1) | Respond to of 4509
 
Mohan,

This simply does not happen! Our equities market is completely free from ulterior motives and corruption! With this banter, you are going to rub salt in the wounds of people who have gotten a 60% haircut by watching this thoroughbred become a stray mutt when Mr. Momentum let him out of the backyard. Remember, these folks need to get well over 100% from here to repair this damage, and that might take a while. That has to be difficult when they were used to getting well over 100% per annum.

Well, there goes any appreciation from the initial round of S&P buying, too, eh?

Regards,

G



To: Mohan Marette who wrote (2346)10/2/1998 10:08:00 AM
From: Lutz Moeller  Read Replies (1) | Respond to of 4509
 
Mohan,

you name the game. MS is also investment banker, They actually invest themselves. They are not your big brother helping you to survive in unpleasant times.

Lutz



To: Mohan Marette who wrote (2346)10/2/1998 11:18:00 AM
From: Raptor  Read Replies (1) | Respond to of 4509
 
Mohan and Others .. I presume the SEC would come down hard if

it was found out MS sold off tons of PSFT in past few days, then issued a downgrade knowing what would happen and then bought it all back up again at bargain bsmt prices.

Of course if that ever did happen, coming down hard on them doesn't do anything to help the poor investors who are squeezed out and may have to raise cash to cover huge paper losses.