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

To: David W. Ricker who wrote (3426)	11/2/1998 8:04:00 PM
From: gc	Read Replies (2) \| Respond to of 4509

David, longer term I share your optimistic view about psft. I am bearish only in short term. The declining rate in their core business is much faster than expected. Their new strategy probably will not impact revenue stream sooner enough to stem the fast decline rate. As I said before, if you can wait for 2 years, the stock will come back. In the meantime, I will trade on the short side. Great company, great management, but not so great a stock to invest for the time being. regards, gc