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: Red Dragon who wrote (12608)	8/5/1998 10:32:00 PM
From: Kevin Michael	Read Replies (1) of 13949

agree and disagree. Y2k stocks will come back in my opinion! Look at the internet stocks how hot they got. Constant publicity and (like you said) momentum made investors dig for companies that were generating heavy revenues from internet operations. Investors were buying regardless of their financials, thus the runup of the whole internet sector. But do you think mutual funds and institutional investors were the ones throwing their client's money into that sector? Stocks do need momentum and publicity and the closer we get to the year 2000 the more free publicity y2k stocks will be getting. The good Y2k companies will survive long after the year 2000 and investors will love them as the year 2000 approaches. Everybody will be talking about the year 2000 and even CNBC will be covering these stocks (covering Oracle's Y2k product). Remember Y2k stocks were high fliers before, what is going to keep them from one more bull run? I am glad you asked this question and hope to hear everybody's opinion. Hope I am not living in a dreamworld. KM

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