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


To: Lizzie Tudor who wrote (2562)10/8/1998 1:41:00 PM
From: Melissa McAuliffe  Read Replies (1) | Respond to of 4509
 
Well the only good thing I've been able to come up with today is the fact that I have a lifetime membership to SI. If I didn't, don't know if i could afford to renew...

I hope you're right about 18.. Right now I couldn't even fathom a guess. Everything has gone far lower than I ever could have imagined.....I just hope there's a bottom in sight...



To: Lizzie Tudor who wrote (2562)10/8/1998 1:57:00 PM
From: V3  Respond to of 4509
 
I dread this but we may see this stock sink temporarily as low as 16 to 17 before the 3Q earnings is released. If the numbers are good, then the price will quickly shoot above 20. If the earnings doesn't meet the expectation, further drop will ensue(around 12?). On the bright side, I am positive this stock won't fall below $5. *sigh*

Robin
p.s. I'd give almost anything to keep any of these bad things from happening.



To: Lizzie Tudor who wrote (2562)10/8/1998 2:17:00 PM
From: Elmer  Respond to of 4509
 
Hi MH,
I have to congratulate you on staying away from the ERP stocks while dips like me were buying the dips.

The prices look very compelling now but PSFT may do what Remedy did last January when it reports earnings. That is get hammered and immediately start to recover.

Regards
David