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

To: Paul Barr who wrote (3226)	10/23/1998 10:34:00 PM
From: gc	Respond to of 4509

Read my post again, please. They just reduced the estimates for 1999 to 25% - 35% only two days ago. What makes you think they will not further reduce it again? This numbers are just moving targets. It seems to me most of the world knew for months their number was coming down except the management (and perhaps the bulls on this thread). Then why should I trust their new estimate number again? However, if their number 25% - 35% will not come down going forward, then 20 should be a bottom for the stock. I doubt it, though.