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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM

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To: TEDennis who wrote (314)5/29/1997 12:14:00 AM
From: Garet Juntunen   of 2067
 
TED, what's your strategy for timing buys? Are you planning to buy immediately upon the release of news or will you try to anticipate press releases?

With this Y2K stock way, way up and trading at big multiples (and the year 2000 only 2 1/2 years away), I see bad news having more impact than good news. The good news is already in the price of the stock. Therefore, I don't like the risk/reward ratio on the long side.

Regarding the race, I say it's a 6 furlong sprint with cheap claimers, not a classic 1 1/4 mile race with stakes caliber horses. I'll take the ZITL/DDIM/VIAS trifecta on the short side. I know that you disagree, but I see the insider selling as smart bets by the jockeys and trainers against their own horses.

Good night, good luck, and good trading.
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