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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Jeffrey S. Mitchell who wrote (10827)4/8/1998 6:37:00 AM
From: paul e thomas  Read Replies (4) of 13949
 
ACLY
On both Monday and Tuesday ACLY made IBD table of stocks with positive price movement on greater than 50% more than normal volume. This was in face yesterday of widespread significant drops in Y2K stocks.AClY announced their tools are going to be used by Dow Chemical for their remediation work. We have known for some time that DEC mainframes account for about 10% of installed systems We have also been lead to believe that VAX systems remediation were going to lag behind most IBM work . I have been in and out of ACLY over the past 18 months waiting for the stock to really take off once strong earnings began to be reported.I believe the stock at 15$ has significant upside potential and much less downside than most Y2K plays today.
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