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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (16779)10/13/1998 11:39:00 AM
From: Prof  Respond to of 120523
 
PSFT will see 17 today, and down to 15 or less this week. That's the way I'm playing it. Current consensus is that PSFT will make EPS, but just - this based on the fact that they have not "pre-warned." I think it is possible that PSFT management has it's head so far up its butt, that they were afraid of what a pre-warning would due to the already falling price of the stock, and will miss earnings anyway.

Unless there are substantive rumors that PSFT will BEAT earnings significantly (I don't think just making them will help all that much right now), I believe it will go the way of BAANF.

Of course, this is all just MHO :-)

Oh, I am short PSFT again today @ 18 3/4.

Prof