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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JOHN IACOVACCI who wrote (20640)7/15/1998 5:38:00 PM
From: Bill Wexler  Read Replies (2) of 31646
 
<<Your trying to tell us that everyone
companies, governments, investors is STUPID>>

Not necessarily. I believe that the Y2K story makes for good press, and it gives computer dilettantes something to jabber about. I believe that there are some y2K problems, but my hypothesis that the fixes are melding into the general software/hardware upgrade and maintenance cycles is being borne out by the evidence. progress ciontinues, the world will NOT come to an end as a result of Y2K bugs (there won't even be a burp).

The reason all the y2K-specific stocks are collapsing is because investors made the classic error of equating a trend/fad/problem with a good investment paradigm. It doesn't always work that way.

I don't consider TAVA investors stupid. I consider them innocent victims.
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