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Technology Stocks : IMRS racking up y2k contracts.

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To: eabDad who wrote (2477)5/3/1998 2:09:00 AM
From: P. Ramamoorthy  Read Replies (1) of 3162
 
eabDad - Re.: A mental note about y2k stocks and prices - they do not trade on fundamentals, but growth outlook.
That is what I thought before Sep 97. After Sep 97, y2k stocks are priced on fundamentals and are punished severely because of their short horizon. Hence, safe to stick to fundamentals. Good luck!
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