SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RikRichter who wrote (1491)4/21/1998 8:06:00 PM
From: ctirry  Read Replies (1) of 2011
 
What I was expecting was what I said in my post # 1470 before the announcement

"I would strike a note of caution in predicting a positive quarter. I believe CR in their
report did not predict a positive quarter.I expect the quarter will be about even but in
the conference call there will be talk of contracts signed and earnings coming in this
quarter. "

This is exactly what happened. I am not surprised that the stock did not soar on yesterday's announcement. Remember y2k is simply not the hot area it was last year. I agree that this is an excellent company with great prospects. I believe the stock will hit the 20's and possibly higher when one or more of the following four things occur

1) y2k becomes hot again for any of a number of reason-certainly with the hoopla at the end of 98 as we are entering the last year of the century this will occur,(if not sooner)

2) they announce contracts for 20-50 million lines of code

3) they get a recommendation (perhaps after they are nat'l NASDAQ) from a real institutional "blue chip" broker

4) they are bought by CA
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext