Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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

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To: Peach who wrote (11962)	6/17/1998 3:01:00 AM
From: P. Ramamoorthy	Read Replies (2) of 13949

Norma - Thanks for posting Mad Monk's current status - 100% cash and watching y2k index. Why watch y2k index if you are 100% cash? The answer is - to know when to get back in the y2k sector. How much time to get out? Not very much, you need to be nimble? I don't get it! Does it mean you need to get out fast. Why invest in y2k at all, in such a short time frame? Does not it mean these companies will disappear after 1/1/2000? Let us buy GM's and Exxon's - DOW stocks - and sleep peacefully. We know that these giants will not disappear. Are we sure? Chrysler van is now Mercedes-Benz van, Volkswagon Rabbit is now Rolls-Royce sedan, etc. I'd rather stand by the cash on the company balance sheet and cash/price, regardless of companies and their sector - y2k or not. If Mad Monk feels comfortable with cash, why not y2k companies? Isn't there a chance that other companies will buy out y2k companies with cash. Cheap cash at minimum tax implication - like stock swap. How about Mad Monk? Is there anyone to a buy him out for cash? Folks, let us focus on y2k business and earnings. Ram

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