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


To: lebo who wrote (3564)11/17/1998 11:10:00 AM
From: V3  Respond to of 4509
 
I take back what I said. It seems that today's drop in PSFT isn't due to yesterday's news. I just looked at the market indexes and they are all down and declining as I type this. Combining PSFT's short term downtrend with all three declining market indexes is what's contributing to today's drop(imo). At this rate, I expect PSFT to temporarily reach 18 7/8 again sometime this week. From therein, it will be uphill again until the cycle ends due to external circumstances.

If I had more money, I'd buy some more at 18 7/8. But since I am fully margined as it is....oh well.

In short, Wild Willie, you just might be right.

Robin