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Technology Stocks : Stock Swap
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To: Andrew Vance who wrote (16564)6/23/1999 1:50:00 PM
From: Kachina  Read Replies (2) of 17305
 
Re: Y2K stocks. I made my views on these stocks very clear last year. They have been flack stocks pretty much from the beginning. Any Y2K company that was worth investing in had changed its focus by the beginning of 1998. All the rest were hucksters out to fleece the public.

From my position of having started software consulting and product companies, (2) and working inside the industry for 20 years, forget all of them except as option plays. The probability of any of these turning themselves around (that are publicly traded) is zilch.

Buy some puts if you like. Or do a probability loaded short sell option play if you want.
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