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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 (3620)11/19/1998 3:23:00 PM
From: LLCoolG  Read Replies (1) | Respond to of 4509
 
Robin,

Why don't you make a better bet with him? Change the terms of the bet. If you really are maximally margined, bet him that you will never get a margin call.

I would pay attention if I were you. An analyst on CNBC compared this latest move by PSFT as "...analogous to Baan..." That would frighten me to death if I was long PSFT.

PSFT may come back long term, but I would suspect that based on what they have done this week, if they slip one iota on their next report, you will get a phone call from your holding company.

QUALIFIER FOR THE THREAD POLICE--Except for the quoted portion, this is strictly my opinion. I also have no position in this stock, but am pondering a short, unless the Net stocks remain volatile.

Regards,

G



To: V3 who wrote (3620)11/19/1998 11:01:00 PM
From: gc  Respond to of 4509
 
Robin, I agree I may lose under your term since I believe psft's may have more bad news down the road, but not for now. In near term, it will be settled in a trading range $19 - $23. Good luck. (BTW, I thought the bet is in Iraqi's currency. I maybe be able to afford it if that's the case.)

gc

ps How does your Quantum Mechanics come along? Make sure you understand the theory of differential operator. Things will clear up naturally once you do.


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