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To: william busby who wrote (24094)3/5/1999 4:44:00 PM
From: Judy  Read Replies (1) | Respond to of 50167
 
Bill, I think PSFT will be dead investment money for another quarter or so until it can convince the Street of its profitability. At the moment the whole erp sector is out of favor, and SAP is better positioned than PSFT when the Street is ready to look upon the sector again. There are probably better investment alternatives, companies will be coming out with forward guidance in a few weeks. However, there are recurring buyout rumors for PSFT so your guess is as good as mine in that case.

Let me know if you did the swap re:internet stocks.



To: william busby who wrote (24094)3/5/1999 10:07:00 PM
From: IQBAL LATIF  Respond to of 50167
 
I will wait for few days before to write covered calls,if SOX breaks 345 you can get out of this stock completely otherwise I think since its fall in early Oct it has been basing at these levels quite nicely. If this rally has legs and we take out 2400 on composite and another two closes above 1278 on SPC we go much higher and rising tide will benefit this company.I would rarely sell covered calls in market attempting to make new highs. DOW has just made one last night.