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

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To: flatsville who wrote (12559)8/3/1998 1:12:00 PM
From: Kevin Michael  Read Replies (2) of 13949
 
Y2k stocks as well as small-cap stocks are hurting right now. I am hurting too.

Another interesting stock to watch this week will be Crystal Systems Solutions. CRYSF shares are down about 70% of their year highs and about 25% of this is after Goldman Sachs initiated CRYSF shares as market outperformers. Does Goldman Sachs know what they are talking about? I am NOT recommending CRYSF shares, Goldman Sachs did not even say why they would outperform the market. But I do feel CRYSF shares are being heavily shorted. CRYSF will probably report earnings this week and last quarter the company announced a share buyback program. Again I wouldn't take a position as of yet, but I would keep an eye on CRYSF since Goldman Sachs is covering the company.

KM
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