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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: paul e thomas who wrote (11825)6/3/1998 10:40:00 AM
From: JDN  Read Replies (2) of 13949
 
Dear Paul: Sorry have to disagree with you on SYNT as to outcome. First off stocks which APPEAR to be overvalued have a reason (check out MSFT) compared to many software companies it is way overvalued but it remains that way-one reason is locked in market. SYNT already has extreme expertise and reputation outside the Y2K sector, it remains to be proven that IMRS will do as well. Second there is a VERY SMALL FLOAT and MUCH of even THAT little bit is taken up by institutions and the Institutions LOVE SYNT. Check out INVESTORS BUSINESS DAILY AND ITS RATING ON SYNT. So in summary, just because a companies price is high is no reason for it to fall. So long as SYNT continues to magnificently execute its business plan I expect it to continue to rise. Margins will go EVEN HIGHER next year as FEES skyrocket. JDN
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