I am amazed ,,, that people still do not think ,, y2k will be nightmare for major corporations of this world,, for next 3 -4 years and beyond .. Chase alone is spending close to 1 billion on the problem ,,
Starting 4th qt of 98 ,, many of us will get a rude awakening from earnings warnings across the sector arising from y2k problem ,, GM already has declared close to 1/2 bill for this year alone...
Understand ,, that the expected EPS for next several years are all going in to the remediation ,,,
I have stated my case clearly ,, to my friends ,, that very soon ,, hopefully just before the summer rally ,, I will diversify 80 % of my port in to y2k stocks,, I am in TAVA, FORSF, PTUS and SEEC,, will look for right entry into SYNT at 18 - 20 and IMRS ( I think this is on a total break out but will wait for next report,, )
Good thread John ,,,
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