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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 (3511)	11/12/1998 6:37:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 4509

Melissa, try looking at BKS. It doesn't have the sex appeal of some of the other (like Excite <VBG>, but it is a real inernet play and the company earns money. TTFN, CTC

To: Melissa McAuliffe who wrote (3511)	11/12/1998 7:11:00 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 4509

Hi Melissa, well Im no expert on the internets but Im moving into them regardless. My fund mgr already owns positions in aol and yhoo, and he only hold 5-6 stocks so I want to go light on those only for that reason. He sees aol and yhoo as the blue chips of internet stocks and sees a lot of upside potential for both - even to the point of mkt caps that could rival some of the other tech blue chips. But for me as an individual, Im looking at inkt (across the street from Sebl), yhoo, ebay and onsl. Onsl is close to being an ebay but the problem is their business model (for now) is wrong... they hold inventory, as a kind of liquidator. But they have extensive auction software which is the key component to recreating ebay, also they have some kind of deal with yhoo which sounds promising but I havent delved into the details of that yet. ebay and onsl both are content providers whereas inkt produces a cache engine... thats what scares me about inkt is it seems a little too much like a "tool" - something msft or somebody could knock off, but nonetheless there is a lot of momentum in inkt so I think thats the first one Im going to nibble on. Dell will probably create a buying opportunity tomorrow for these Im thinking, its down 4 pts in after hrs trades. The inkt board is another dead board, if you pick up some make sure and visit me over there I need some company <gg>. Michelle

To: Melissa McAuliffe who wrote (3511)	11/13/1998 5:40:00 PM
From: V3	Read Replies (4) \| Respond to of 4509

"Knowing me I'd probably buy at the high." The price cycle for PSFT has been approximately three to four weeks. This means if today's closing price of this stock is the lowest for short-term, the price will most likely be at its short-term maximum in about 1 1/2 to 2 weeks from now(similar in principle to sine wave flunctuations). As to whether this stock will start to climb back up to 22 and above is a different matter. Weak support observed at around 22 and this broke today(or perhaps yesterday?) when NASDAQ and SP500 index didn't perform too well. Perhaps the PSFT short-term downward cycle compounded with slightly declining market index caused the 22 support to break. Can someone please tell me where the next support is at? I suspect at around low to mid 20. Robin