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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM

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To: Lucas Wan who wrote (1142)2/12/1998 8:02:00 PM
From: TEDennis  Read Replies (1) of 2067
 
Lucas: My goodness. That was quite an outburst.

A reasonably intelligent person might surmise that you tend to get a bit overly emotional about your investments.

We'd love to hear a rational explanation of what makes you think this stock should be sold. Just the fact that it "has been going down since the last earning" doesn't carry enough weight in this neighborhood.

Personally, I think this stock will make a good run within the next 6 months. I was hoping for 45-50 prior to the quarterly report. It made it to the lower level of that range. Unfortunately, I didn't sell it at that level. I did, however, buy more at the 31 level. We are now back down here again, and I'm considering picking up another chunk. Why? Because the Y2K sector is very close to liftoff. And, VIAS is one of the premier tool providers in the mainframe sector, along with CA, CPWR, and PLAT.

Since you have already sold your VIAS shares ... and from the sounds of it, at a sizable loss ... you'll need another place to park your dollars. Good luck with whatever else you decide to invest in.

Regards,

TED
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