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


To: Tom_ who wrote (2720)10/14/1998 4:09:00 PM
From: George L. Smith  Read Replies (2) | Respond to of 4509
 
>> Chuzzle...I bought yesterday,too. <<

I too jumped in again today. It took a long while today to hit my strike of 19 after the initial basking around 19. The MMs were definitely playing the spread this morning. I watched about 100,000 shares go by at 19 while my limit order sat there not being executed.

I'm betting that the news isn't so bad. I just hope that the stock doesn't do what every other one seems to be doing. Good news on earnings and the stock tanks. Bad news and it goes up (although, I'm sure not for long :-) )

George



To: Tom_ who wrote (2720)10/14/1998 6:47:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 4509
 
Tom and thread,

Here's an interesting post from the Dell thread on tax loss selling pressure during October.

TTFN,
CTC