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Gold/Mining/Energy : GPW Group West Systems Ltd. (Year 2000 Software Company)
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To: Sam who wrote (495)4/24/1998 8:32:00 AM
From: Mr. Forthright  Read Replies (3) of 1443
 
Sam these guys have to do something outside the Y2000 problem to improve profitability and growth. As I said before I can't see value long-term in GPW unless their core business starts to grow in a serious way. But remember the GPW guys are not a.s kickers their a bunch of good old boys. Let's assume the company gets a meaningful Y2000 contract, let's say $30 million (not like the $30,000 contracts they have been announcing and promoting lately) then the stock will run but how will that be sustained? Especially after Y2000 comes and goes. Y2000 is a big company business. As I said before some small guys will benefit but they will only get the crumbs of all these billions being spent. The reason they will benefit is because they may get contracts that will be big in relation to their existing size not in relation to the amount being spent on the Y2000 problem.
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