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


To: V3 who wrote (3554)11/17/1998 8:34:00 AM
From: WW.com  Read Replies (2) | Respond to of 4509
 
WOW!!

Whenever they halt trading the services frequently show a bid and ask of $0.00 . It means trading has been halted.

Of course it will be marginable when it opens for trading today.

I have experienced other companies that have a spin-off similar to the PSFT proposed spin-off. It is like getting a stock dividend and the original stock almost always rises in the short term and the long-term.

Think of it as a stock dividend, probably worth $3-5/share.

Will be interesting to see what the market values it at.



To: V3 who wrote (3554)11/17/1998 6:26:00 PM
From: gc  Read Replies (2) | Respond to of 4509
 
Whatever happens, I hope PSFT doesn't break mid 18 support level. If that happens, I am in one big trouble.

I will forgo the $10 bucks you would own me when psft dips below 15. Hope that makes you feel a little better. <g>

To be serious, I do see trouble looming on this stock.