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


To: Smart Investor who wrote (4388)1/28/1999 7:55:00 PM
From: George A. Roberts  Respond to of 4509
 
Smart Investor, I am not nearly bold enough for the "internuts" although I do envy the returns that many have given ordinary investors like me. I am mostly into the net related stocks , I own NT,CS,Dell, Pair and Psft.I thought psft to be sort of beaten down and bottoming out when I bought it the other day. I may have been mistaken as far as timing the buy. I should have taken into account the y2k spending etc. and not bought in ahead of earnings. Live and learn. I may try to sell covered calls on the position if I decide to hang. Putting the money in excite , lycos etc is not an option for me ,,,at least as of yet (smile)....
George



To: Smart Investor who wrote (4388)1/29/1999 10:27:00 AM
From: gc  Read Replies (1) | Respond to of 4509
 
Speaking of fundamentals, you err right here. Fundamentally yhoo and aol are much stronger than psft. You can't hype a stock (either up or down) without a profound change in underlying fundamentals. psft's fundamentals have changed as I have warned the thread repeatedly that their numbers have to come down.