Heh all you shorts,
Just wanted to mention that when I heard all the hype about y2K stocks, the first thing that crossed my mind, was that it is bullsh--, and that by the time 2000 rolls around, most company's will have fixed their in house software, and any company's with bugs will definetely have fixed their y2k application problems.....
Yes, I am a techie, I own a consulting firm soecializing in Oracle Database Admin, Development, and Open systems/Client Server Applications....
I am still billable myself, when requested by the clients. So I know software, and business.....
Yes I know the y2k problem is not as big as everyone says, but here is my philosophy:
By the time the market figures this out, it may be 2000!!!! In the mean time, huge profits will be left on the table, if I did not join in on the bandwagon with ZITL, I saw this one a month ago, (maybe $18-$20 stock then), thought it weas all crap, so left it alone (as well as DDIM, etc.), then day after day, I saw people on CNBC talking about it, and continually saw the price go up UP UP!!!!!
Well on Monday, I decided it was time to join in on the momentum (Did so with IOMG and even made a few bucks with MRVC way back when these stocks had momentum (MRVC, which is in another class by itself, it is a really good money making real technology company!))....
So I guess what I am saying, is guys, wake up and smell the coffee, YOU CAN'T FIGHT MOMENTUM!!!!! (although your short coverings will no doubt help feed the towering fire that is ZITL!!!!!!).
Have fun, and cover while you can!!!!!
Ernie
P.S. I am not in love with this company, I just love having a stock go up fast!!!!! |