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


To: gc who wrote (2759)10/15/1998 1:45:00 PM
From: The Player  Respond to of 4509
 
CoolG, and gc:

Never see P/E's of 40-50 again?

C'mon now....you guys are experienced enough to know that you can Never say Never, especially in these uncertain times. Yes, the momentum the stock has enjoyed has subsided, but I don't believe the investor confidence the stock may have lost will be as difficult to re-attain as you both surmise.

My crystal ball says we will re-approach these P/E numbers as early as the Spring of '99.

Just MHO. Time will tell if I'm correct, but I'm always willing to bet against Never. Especially with this company.