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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: bob who wrote (9047)1/18/1998 11:14:00 AM
From: Superhawk  Read Replies (1) of 31646
 
"Money" magazine's emphasis on Y2K in their latest issue is great,
but their track record of predicting trends is somewhat suspect.

For example, last May, about a month before Asian markets began
to unravel, they headlined a feature story: "How to cash in on the
Asia boom: Every investor today ought to take a hard, close look
at the dazzling promise of the Pacific Rim. Here are four gateways
to earning spectacular profits in the world's fastest-growing
economies."

They further extolled the "economic miracle taking place today
around the Pacific Rim" and asserted, "No investor today can
afford to ignore the opportunities the Pacific Rim offers."

About a month later the Thai bhat crashed, and the rest is history.

I don't wish to diminish the favorable Y2K media attention. I just want
to caution that Wall Street probably doesn't pay too much attention
to opinions propounded in "Money" magazine.
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