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: Josef Svejk who wrote (9684)	2/25/1998 12:16:00 AM
From: R. M. Rosenthal	Read Replies (2) of 13949

Someone posted the following on the COGIF site today: >>Today, in the Globe and Mail, there is a very positive article in Report on Business about Cognicase and its longterm potential. Michael Deighton, an analyst with Groome Capital Advisory Inc. said he expects share profit to rise from 12 cents in the year ended Sept. 30 to 41 cents in fiscal '98 and to 75 cents in fiscal '99. He has a "strong buy" recommendation with an 18 month target of US $23.50.<< To which I replied: >>The stock is presently at US $19.75! (it closed 20 1/8) Does that mean that in the analysts view, expressed today, it's got 18 mos. to rise just another 3-4 points? Looks like the hunt for the next moonshot has everyone jumping on board and rapidly accelerating price. But how much higher can it go? I suspect I missed this one but would sure like to know the name of the next Y2K darling.<< Nobody responded at COGIF. Probably out celebrating. How does COGIF compare to IMRS, SYNT, ACLY, ISLI, etc., etc., etc. Is there any rational decision-making going on here? Thanks. RMR

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