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


To: deborah harrington who wrote (4385)1/28/1999 7:56:00 PM
From: Garland M Baker  Respond to of 4509
 
Hung out in the Borland thread for two years until I finally bit the bullet made the decision to get out (sold at $4 had bought at $40). Best thing I every did. On to bigger and better things....



To: deborah harrington who wrote (4385)1/28/1999 8:05:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 4509
 
deborah, all the business software users have the same complaints about complexity it seems. So that in itself is not a reason to dump the stock. However, its going to be a flat year for these companies. In contrast, take a look at bandwidth that is really taking off - @home, csco and the other comm hw. Also I think aol is lining up some bandwidth partnerships too. If you buy @home during the march correction youll make up any losses in psft quickly, Ill bet. Not trying to knock psft which I think is a great company, but its going to be rough for a year in this sector, why go through it?

Michelle



To: deborah harrington who wrote (4385)1/28/1999 9:50:00 PM
From: Tom_  Read Replies (1) | Respond to of 4509
 
Deborah & George...

Re your requests for advice from the thread on whether to sell or hold.

With respect, IMO no one here can give you meaningful advice about your investment decisions without knowing the entirety of your situation: your age, financial position and prospects; your investment goals; your investment horizons; your position in the stock, your entry price and why you bought it; the state of your entire portfolio, the percentage of it invested in the stock; your tax situation holding or selling; how much you know about the company and its prospects; how much you know about whatever alternatives you might be thinking of; how easily you sleep at night in different scenarios; etc, etc, etc, to infinity and beyond....

And even knowing all these things, you will get different advice from different people, depending on their leanings.

And then, different folks will look at the same data and reach different conclusions about it. Just read today's thread.

I think the only advice I might hazard giving is that the question "What shall we do?" is most properly asked prior to making our initial investments. What shall we do if X, Y or Z happens?

Because they do.

If we have a plan beforehand, the theory is that then we won't dither.
That's the theory.
Wish it worked for me.

I'm sure this helps you, today, a lot.

Best of luck,

Tom