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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Nanda who wrote (11129)4/21/1998 6:26:00 PM
From: paul e thomas  Read Replies (1) of 13949
 
CHRZ

In a day trading attempt I bought CHRZ at open @ market and filled @ 50 1/8. I was surprised at early market reaction to financials. I fortunately got out at 48 7/8 so damage wasn't painful.While I thought the financial results were respectable on a year over year and sequential basis the market didn't as they didn't exceed the analyst expectations. This is worrisome as I believe a lot of the tool providers will be hard pressed to do as well as CHRZ.
I was not impressed,however, by the analyst conference.CHRZ still is too vague as to how they are going to replace any where near the 31% of their current revenue that Y2K now represents.TO me their efforts to exploit their post 2000 opportunities are too little too late.
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