INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation Message Board

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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation

IAIC 4.280

+12.3%

Dec 16 4:00 PM EST

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To: RikRichter who wrote (1426)	4/9/1998 1:55:00 AM
From: Matthew F. Kern	Read Replies (2) of 2011

[[Well, if IAIC can't get mentioned on CNNfn, at least the Dow Jones News Service picked up today's news release about 30 minutes after the PRNewswire.]] This is great, given that in the past Dow Jones has seemed almost BIASED against IAIC news. [[Also, if you annualize the announced first quarter Y2K contracts of $7 million, it seems a sure bet that Cruttenden Roth's revenue estimate of $30 million will be easily surpassed. ]] $30 million seems so conservative that it almost was obsolete before it came out. The news that followed obsoleted that estimate within days. The CR belief in a PE ratio near 40 seems interesting and maybe high, but the revenue figures were just so low. I will buy their 4x to 5x by 1999, maybe as high as 10x increase in stock price by end of 1999 given their revenue estimate undershoot. This puts my previous guess at the top of a range, and all my figures were based on conservative numbers. Did you know that there is now a requirement for banks not only to report their own Y2K readiness, but also that of their large corporate customers? Y2K status now affects credit worthiness. I love it. I heard it on MSNBC. ...............Matt

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