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


To: Raptor who wrote (2469)10/4/1998 11:54:00 AM
From: V3  Respond to of 4509
 
I'd like to thank everyone, especially to Mr. John Paulsen and Mr. Ken Pomaranski, for their informative posts concerning the recent price behavior of this stock and shedding some light on as to what's really going on. It is largely due to efforts on your part that keeps the rest of the rookies such as myself informed without having to expend a lot of energy and time on researching through various news sources. And when one has 24 credits worth of courses for this semester, time is an extremely valuable commodity. However, my question to you is, "Why didn't you let us know about this before Friday, October 2nd?" Doing so could have saved lot of investors from the potential loss.

Either way, I consider myself fortunate for not owning any shares prior to the day before the S&P 500 inclusion, but my GTC order to buy @ 29 7/8 was filled at 26.00 on Friday's morning with the price still dropping. To average down, I acquired more shares later on at 22 7/8 and I am ready to buy more should the price fall even lower.

It is PSFT's solid fundamentals, their excellent management team, and their honest public relations in which I hold their shares and I will continue to do so well past the 3Q earnings release due on October 20th. There's no doubt in my mind that this stock will once again triumph in the long run and all of the PSFT sharesholders will be richer.... .....provided that the market doesn't crash.

Sincerely,
Robin

p.s. Once gain, thank you everyone and keep up the good work. I just wanted all of you to know that your efforts doesn't go unappreciated! :)