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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Mondoman who wrote (1721)11/18/1996 7:45:00 AM
From: Mondoman   of 13949
 
VIAS = crap, DDIM = crap, ZITL = crap

Let's review what we've learned so far:

1) Don't invest in fads.
2) Don't day trade - stick to a consistent strategy.
3) Many "Y2K" companies have weak core businesses and are
not good investments.
4) The Y2K fad is based on faulty premises and a basic
misunderstanding of the software consulting/maintenance business.
5) Making fun of me will not make the price of these stocks
move up.

Have a good week gentlemen.

Short sale recommendations:

Stock Current Price Originally Recommended Original Price
----- ------------- ---------------------- --------------
VIAS 45.25 10/24/96 51.00
DDIM 26.75 10/23/96 32.25
ZITL 43.625 10/23/96 37.25

Since I believe in following my own advice:

Size of my positions:

DDIM - shorted 2000 shares on 10/23/96 at 32.25
ZITL - shorted 3500 shares on 10/23/96 at 37.25
ZITL - shorted 400 shares on 10/24/96 at 38.75
VIAS - shorted 800 shares on 10/24/96 at 51.00
VIAS - shorted 100 shares on 10/25/96 at 50.00
ZITL - shorted 200 shares on 10/28/96 at 38.25
ZITL - shorted 400 shares on 10/29/96 at 38.75
VIAS - shorted 200 shares on 10/29/96 at 50.00
ZITL - shorted 300 shares on 11/04/96 at 37.625
ZITL - shorted 300 shares on 11/08/96 at 38.00
ZITL - shorted 700 shares on 11/08/96 at 37.50
DDIM - shorted 200 shares on 11/08/96 at 30.25
ZITL - shorted 500 shares on 11/11/96 at 38.125
VIAS - shorted 200 shares on 11/11/96 at 45.75
VIAS - shorted 200 shares on 11/13/96 at 50.25
ZITL - shorted 1800 shares on 11/14/96 at 49.00
11/15 *----Large percentage drop for all Y2K group
ZITL - shorted 300 shares on 11/15/96 at 45.75
ZITL - shorted 100 shares on 11/15/96 at 44.50
VIAS - shorted 500 shares on 11/15/96 at 46.00
VIAS - shorted 300 shares on 11/15/96 at 45.25
VIAS - shorted 200 shares on 11/15/96 at 42.75
DDIM - shorted 500 shares on 11/15/96 at 27.125
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