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

To: Melissa McAuliffe who wrote (2517)10/5/1998 2:39:00 PM
From: Eddie Kim  Read Replies (2) | Respond to of 4509
 
If you're confident that PSFT will be over $20 in April (which I believe it iwll be) I would sell now and if it continues to go down sell later.

Can you sell naked puts?



To: Melissa McAuliffe who wrote (2517)10/5/1998 3:02:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 4509
 
Your talking about naked puts right? Or do you own psft now. I wouldnt sell covered puts unless you want to lose your stock (Most dont want to lose their stock on covered opts not sure if you are in that boat).

My only point is that I dont see what could drive this stock sharply higher right now. Good earnings will probably only cause psft not to fall further in this climate.... and we know we wont have a blowout.

Michelle


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