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

To: David W. Ricker who wrote (500)	4/14/1999 1:10:00 PM
From: Tom Smith	Read Replies (2) \| Respond to of 1274

David, Your situation is absolutely typical. It almost sounds like you work for my current client -- the situation here is almost identical. I believe all enterprise software sales, including those from the "untouchable" companies like MSFT, are going to be slow for the next 6 months or so. Even though I hold stock in five enterprise software companies (PSFT, CPWR, ITWO, MANU, PLAT), I am not selling because they are all undervalued (except possibly ITWO) from a long-term perspective (short term for PLAT.) I am actually hoping that these stocks continue to drop! My plan is to accumulate cash for the next six months and try to pick up a lot of very cheap stocks between October and December. If things go as I hope, I can probably get some 5 to 10 baggers by 2002. Tom