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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 (3340)10/29/1998 1:06:00 AM
From: Richard Tsang  Read Replies (2) | Respond to of 4509
 
MR. gc,

I hope you can keep your promise of not posting here. Thanks.

The market is not as bad as you described and PSFT is way undervalued now. The downgrade season is over, IMO. We can look forward to some upgrades in the near future, I hope. My evaluation model tells me that it is well within the buy range even after cutting the EPS growth to 25%.

RT