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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: paul e thomas who wrote (11710)5/22/1998 7:22:00 AM
From: P. Ramamoorthy  Read Replies (2) of 13949
 
Re.: put convincing press releases out.
Not only press releases, the next quarter conference calls should be directed to post-y2k bsiness growth and earnings. Unless there is a well-coordinated price manipulation, companies with strong earnings growth model, should be in demand. One way of adding credibility and helping investors is to use their "excess" cash for share buyback like CRYSF has announced $5Million share buyback. Another way is to make profitable acquisitions like CBSL, IMRS, etc., with earnings from acquisitions being accretive. Outsourcing, NT migration, e commerce, ERP, SAP, supply side mgmt, maintenance, etc. are where most dollars will be spent to improve productivity (and re-engineering) in major companies. y2k is just a small part of this effort ($200-400Million/company). Ram
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