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Technology Stocks : IMRS racking up y2k contracts.
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To: Nanda who wrote (2240)2/13/1998 6:10:00 PM
From: paul e thomas   of 3162
 
POST 2000 OUTLOOK

I have listened now to the conference calls for IMRS,KEA, and CHRZ all leaders in the Y2K arena.ALL three are now focusing on how to capitalize post 2000 on the new customers created by Y2K.From a shareholders point of view the key issue is how do the institutional players view their chances of success in bulding a growing business beyond the year 2000. Based on how some key analysts valued TPRO the cash thrown off in 1998 and 1999 only as an abnormal the valuation focus is really on the projected earnings earnings growth rate and the analysts perception of the strength of the long range strategic plan.Of the three companies I have heard talking about their plans IMRS has provided the most fleshed out information. A second key issue is that in the post 2000 period we may be facing a world wide recession of a magnitude greater than the 1973-1974 period.I believe the industries IMRS has targeted will be less effected than most.
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