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Technology Stocks : Discuss Year 2000 Issues
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To: C.K. Houston who wrote (8046)8/16/1999 8:52:00 AM
From: Ted M  Read Replies (1) of 9818
 
Investment opportunities for Y2K. I agree with your analysis in general (ie market overvalued, few opportuniies) but there is one area that I think might be an exception--litigation. While law firms aren't allowed to be publically traded, supporting firms can be, and there are some. While there may be a couple of others, I found FCN and LRCI as two companies that will very likely benefit from Y2K litigation. FCN was involved with the recent Microsoft trial. Both are at low PE's and small number of outstanding shares. I have talked to both firms. FCN confirmed that they absolutely would benefit if Y2K litigation occurs, and LRCI said they benefit from any increase in litigation. This to me seems like an un-researched and undiscovered opportunity, as the benefits could reach ahead for several years to come. Any thoughts on this? Ted
Ted
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