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Technology Stocks : Data Dimensions
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To: Jalali who wrote (612)4/14/1997 7:35:00 PM
From: paul aswad   of 4571
 
JALALI,

I've really enjoyed catching up on this thread and reading your posts.
Kudos for the nice analysis. Some additional interesting news I came accross recently...first, was my employers report from the IRS in regards to whats going on with them. All employers get the newsletter with their quarterly filings. Of interest was the front page article which states the IRS has been working on the y2k problem since 1989 and is in final stages of completion which will be done in total by 1-1-98....so much for all the hype that the government will have to spend billions to fix the problem. Second, Nationwide insurance has fixed their problems with an ongoing purchase program of new computers and microsoft nt. These are two extremely large groups almost completely done with y2k bull and neither found nor needs ddim. I suspect the hype that moves this dog is coming to a crushing end pretty soon as more and more companies discard the hype and announce the fact that they are nearing completion of or dont have nearly the size problem the hypesters would like us to believe. Your point regarding this amazing $3000.00 package that needs to sell 200,000 copies in the next year is a point brought up before but certainly worth repeating for the naive again.
I am still amazed that their are buyers for this dog.
Short and shorting more.

Paul
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