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

To: Melissa McAuliffe who wrote (4219)	1/11/1999 10:38:00 AM
From: Lutz Moeller	Read Replies (1) \| Respond to of 4509

Melissa, the risk to reward ratio lets me feel comfortable with PSFT and QNTM + 50% CASH RIGHT NOW: Truly I would have liked the runup in my sold SEBL, ITWO and alike shares since Dec 1 1998, but the market runs now since Oct 8 so wonderful, that it may some time be too wonderful to be true. Maybe on Jan 20, when Chairman Alan Greenspan shall speak, he'll recall his famous "irrational exuberance" term. Where was the DOW when he said that? 6300 or so? I mean, what else than a bubble is that internet stuff? No, not the ASND and CSCO's - the Amazons and Ubids! Usually the market seem to become tired of a pronounced one-way after some time. The tech-stocks usually swing wild. I wait for the next chance to load up cheap. wil it be jan 20th? A march slow down, as usual. The summer fall of? I do not know, but that's my plan. Regards Lutz