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

To: Will Hou who wrote (4311)	1/26/1999 10:43:00 AM
From: Smart Investor	Respond to of 4509

Remedy Corp was upgraded by many firms due to better than expected earning report. Remedy's good result indicate business software sector is doing well. Since PSFT is also in the same general area, I think PSFT will report great results. Upgrades will follow, and we will hit 30 soon.

To: Will Hou who wrote (4311)	1/26/1999 12:01:00 PM
From: marcher	Read Replies (1) \| Respond to of 4509

Will, I noticed the triangle last night--looks like a bullish one to me. The weekly chart looks very bullish per stochastics, macd, and rsi. Downside 15 upside 31. Factor in the general market trend... btwdik best of luck --marc

To: Will Hou who wrote (4311)	1/29/1999 9:25:00 PM
From: marcher	Respond to of 4509

Will, I tip my hat to you, you read this very well: >>Jan 26, 1999 It seems to me that PSFT will be traded in a narrow range (triangle formation), below $25 with light volume (decreasing) until severe break-out either upside or downside. I think the trigger will be the earnings report on 1/28 (Friday). That happens, we could see big movement next week, either leads to testing 50MA ($20 range) or as big as 200MA ($33 range)<< Unfortunately the break-out was down. I was stopped-out when it broke 22. Best of luck to all. PSFT will come back. --marc