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

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To: paul e thomas who wrote (10453)3/28/1998 8:25:00 PM
From: paul e thomas  Read Replies (3) of 13949
 
Y2K MEDIA BLINDNESS

The financial media have given plenty of coverage to the weakness in many Y2k tool companies.They have have however missed the outstanding stock price performance of the Y2K subsector of the service providers. The IBD index of leading growth mutual funds ended this week finally just above (2%)the 52 week previous high set on October 10,1997. By contrast my portfolio of Y2K service providers are up > 50% in the same period. I haven't seen any publication or TV analyst discussing the collective strength of CHEZ,KEA,IMRS,MAST,and SYNT. I am hopeful though when the strong earnings growth gets reported starting with KEA there will be another breakout of the group.
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