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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Done, gone. who wrote (7494)11/3/1997 8:29:00 PM
From: Bill Wexler  Read Replies (1) of 13949
 
<<I say I have a limited investing budget.>>

Investing in companies like TPRO is a good way to make it a much smaller budget.

I took a look at the company. Needless to say, the income statement and balance sheet is hideous. At most it's a penny stock which has been blown up to ridiculous valuations based on hot air. If you bought at 1 congratulations...if not you may want to consider selling or shorting (if shares are available to borrow).

The embedded systems problem is simply a new spin to the general Y2K hoax. While I am sure that problems do exist...costs for updating systems will not reach even a small percentage of the predicitions made by Y2K hypesters. I also don't buy into the exploding Y2K litigation problem.

Price target for TPRO.......< 1
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