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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Rick Voteau who wrote (5848)	4/24/1998 9:08:00 PM
From: Captain Jack	Read Replies (1) of 10786

Rick--- agreed there is a lot of hype to come on Y2K stocks. The price gains of the past are over. Look back to all Y2K issues just a year ago. A small contract announcement with just a company name made the big news wires and price shot up. Recently that type of release cannot make the DOW News even millions of lines for a nationally known company. Almost the only thing driving prices now is HUGE contracts spelling out details including dollars AND most of all EARNINGS. Even or especially Y2K investors are saying show me the money. They need to see the cash--- not projections or promises but $$$! Any negative news, no matter how minor has relatively long and harsh impact. Hype is still there and will increase--but cash is the price driver at this time in the form of earnings and projected earnings...IMO as time gets shorter earnings will become even more important...

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