SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Paul Loucks who wrote (3015)10/20/1998 8:56:00 PM
From: V3  Read Replies (1) | Respond to of 4509
 
Mr. Loucks,

Since the numbers were exact and I purchased most of the shares at 18 7/8, I don't see how I can lose money here. I did, however, unload about half of my short term shares at 26 earlier this morning, thus walking off with a healthy profit.

My question to you is, what makes you believe this stock will suffer another 30 to 40% decline? I just logged on to check the earnings result, but I don't have the time to read the whole report because I have to work on my lab reports and homeworks. Perhaps the outlook isn't all that positive? Maybe someone already has discussed the outlook for PeopleSoft, but due to time constraint, I skipped about 76 posts.

Gotta go. Bye.

Robin