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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: TEDennis who wrote (9520)2/16/1998 10:39:00 AM
From: Walter Pace   of 13949
 
Last week CSHK did go from .14 to .49 at one point. This stock moved right after the acquisition of their new Y2K software announcement. The stock then fell over a course of three days to .25 and was holding there pretty well. That was close to a 350% increase in one day. Then the short-term holders started selling. The stock still has close to a 85% increase right now.

All of the finalizations of the product are being made this week. Within the next week or so the product will be listed on all of the Y2K web sites. With the kind of traffic these web sites have, investors not close to company will finally notice this stock. Before now most of the investors in CSHK were people close to the company. I think there is serious potential to get in while this stock is still cheap. CSHK plans to sell 5 million copies by the end on 1998. The way they are marketing this software I think they will sell a lot more than they think, and it will be at an affordable price.
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