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

To: John Ritter who wrote (3877)	12/14/1998 8:54:00 PM
From: Dave Gore	Read Replies (4) \| Respond to of 4509

Well if PSFT drops to $12, it's time to buy more isn't it? I don't think we will see those levels, though. Remember when CPQ was $23 and CSCO $40 a couple months ago? Or COMS when it was in the low $20's. It takes guts, folks, but I would rather be buying this in the teens than in the 50's. It is a fact of human nature that investors are MOST nervous about buying stocks when stocks prices are so cheap then when they are higher. Never made sense to me. But if you are a daytrader, you should be nervous. In 12 months this will be at least in the mid-20's and almost certainly in the 30's. /DAVE