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

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To: paul e thomas who wrote (9889)3/6/1998 1:34:00 PM
From: Nanda  Read Replies (4) of 13949
 
Paul, IMRS broke an important barrier today i.e. 50. Looking at the chart of CBSL and MAST, I predict a quick run upto 55. IMRS is currently a favorite of mutual funds, also they are supposed to announce an important acquisition which will pump up their bottom line. SYNT keeps moving up. Their price run up is based on statements by MR. Desai their CEO that their revenues will double this year. I expect SYNT to move up to mid 40's. I doubled my position again at 30 dollar range. The next stock to move up in my book is SEEC. Some exciting things are happening there and the next quarters earnings are going to be fantastic. I place this stock at the same position as SYNT and IMRS were 3 or so months back at $9 and 20 respectively and I was urging all my friends how great a buy they were. Best time to buy a stock is when it is down for no fundamental problem.
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