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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Nanda who wrote (11891)6/10/1998 8:57:00 AM
From: paul e thomas  Read Replies (1) of 13949
 
NANDA, IBD showed that the computer services group was among the top performing sectors yesterday by gaining 1.3%.This sector has dropped from being in the top 10 sectors just 6 weeks or so ago to being 29th.I view the need for strength in the sector as a necessary prerequesite for any major rebound in Y2K service companies. Attention will be soon focused on earnings growth in the June quarter.Fear of the Asian flu may cause money to move to the service sectors away from product focused stocks.
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