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

To: Richard Tsang who wrote (3781)	11/30/1998 11:32:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 4509

Richard, it's not surprising. It's the greater fool theory in action. When there are no earnings and there is no cash flow there is only one thing to keep these stock afloat -- a bunch of fools wanting to roll the dice and bet that there will be another crop of turnipheads to buy these "investments" at even more exorbitant prices. I guess today we ran out of fools (at least temporarily). TTFN, CTC