Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David Babb who wrote (477)	4/8/1999 2:29:00 PM
From: Alper H.YUKSEL	Read Replies (1) \| Respond to of 1274

Dead cat bounce ?

To: David Babb who wrote (477)	4/8/1999 9:10:00 PM
From: Mr. Aloha	Respond to of 1274

From Briefing.com: As for the software group, bargain hunting lifted laggards PeopleSoft (PSFT), CompuWare (CPWR), Keane (KEA), Oracle (ORCL) and BMC Software (BMCS)... Fact that gains occurred on significant jumps in volume suggests that stocks may finally have hit bottom... Given that many of these stocks are more than 50% off of their respective 52-wk highs, potential for sizable recovery gains is considerable... Don't be surprised if group does the opposite of Yahoo! and rallies in reaction to earnings results, as it is hard to believe that actual numbers will be as bad as feared.