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

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To: paul e thomas who wrote (11792)6/1/1998 12:14:00 PM
From: P. Ramamoorthy  Read Replies (2) of 13949
 
Paul - Re.: IMRS
Thanks for clarifying. Their answers were consistent with the expected earnings growth and cash of $150Million by 1999. (1) their margin of 17% seems to have come down from 23-26%. Is it right or I have misunderstood their numbers? (2) your last sentences are disturbing. (The bottom line is IMRS has the potential to dramatically increase the scale of the business. I am not sure they yet have sufficient depth of really top notch people to grow 10x their present size) This statement could apply to many y2k companies. Could this be a reason for the downtrend in the y2k sector? Am I missing something? Ram
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