Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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

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To: Hardware Heister who wrote (9294)	2/2/1998 7:53:00 PM
From: C.K. Houston	Read Replies (1) of 13949

<Ms. McKay, Bear Stearns analyst, just now on CNBC, addressed the effect of y2k on bottom lines. Pointed out that remedial cost must be expensed. Therefore cost has a direct effect on net. She sees market not reflecting this until second-half. <Someone neglected to tell Filene's Basement..> OH NOOOOOOO ... No more deals for me at Filenes. I liked those deep discounts. Well, I have to admit I'm happy that Ms. McKay doesn't see this costs being reflected until second-half '98. Let their stupidity work to our advantage on the Y2K sector. Lotta volatility - but right stocks have staying power. My cash has been locked up with TPRO. It's been driving me crazy that I haven't been on margin and been able to trade. I've had a couple of favorites that I've been biting at the bit to get into. One of them, that I've told a lot of people about since last fall, was CDO. And, I missed the big pop when it was announced today that management was buying $109mil of company's common stock. C'est la vie. It's still early in the year. Cheryl

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