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

To: Melissa McAuliffe who wrote (3099)	10/21/1998 3:25:00 PM
From: Lizzie Tudor	Respond to of 4509

Tee Hee well I should have made a lot more money shorting Sap than I have.... I correctly picked the moment for shorting, when Sap was trading at around 55 was my first short trade, but my market sentiment was off and I thought there was a real possibility that the entire mkt could rally. Therefore, my position was on the smallish side for me. Thats the thing about shorting Sap that I learned from the experience... its the closest thing to a blue chip we have in ERP and market direction really matters with those blue chip stocks. If the mkt goes up, Sap generally goes up. Anyway I was wrong in picking Sap over psft - I considered shorting psft but that CC changed my mind. Wow what a wierd experience the last few weeks with psft has been. I only like Sap as a short or a Sebl long in enterprise software right now. I was hoping for a dip in Sebl today... didnt get it.