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Technology Stocks : PSFT - 1999: The "Make-It-or-Break-It" Year? -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (237)3/12/1999 6:37:00 PM
From: david  Read Replies (1) | Respond to of 1274
 
once again, psft came back a lot at the close.
the market makers are torturing this stock. i figure
our that this way they can bring psft down without
a major sell-off. but there is a limit.

as for fundamental, i think the next round of competition
in ERP market is just starting in the sense that all players
in this field must try to figure out new attract products to win. so i think it's no longer the past growth record that
counts to adjust the stock price but that the new product
ideas of companies. Therefore, I conclude that the market,
up to now, likes psft's ideas in e-commerce and business
network. psft could do good jobs in PR about new products
to enhance its stock price instead of trying hard to meet
the estimation of earning.

what do you guys think?

d.