SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Grabs who wrote (2387)10/2/1998 1:04:00 PM
From: davep  Read Replies (1) | Respond to of 4509
 
PSFT,another CBTSY,CIEN,REXI,MRVC.Remember there's 23 bux to the downside.Imagine the people who were saying cien,cbtsy couldn't fall any lower when they were in their 40's then 30's then 20's....These days one day massacres have a lot of downside follow up in the following days.This is a bear market,no time to hold overnight longs or to catch falling knives.Better to bet on the downside in a bear market.MS downgrade is drastic and a sell,more bad news to come next week for sure



To: Grabs who wrote (2387)10/2/1998 1:17:00 PM
From: dougjn  Respond to of 4509
 
What's basically happening is the market is taking down the PE's for the fast growers that are not viewed as rock solid certain to meet their numbers next year, in a slowing (at least) economy.

Before this is over even Dell and Csco will be brought down a lot. Maybe even Msft, on NT 5.0 worries, or something.

It's not 3Q earnings. It's worries about 99 that are starting to get priced into more and more of the stocks still on their feet.

Doug


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News