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: John Mansfield who wrote (12732)	8/24/1998 9:45:00 PM
From: BigJake	Read Replies (2) of 13949

I have to agree. January 1, 2000 is still coming no matter where the investment houses have their attention now. That know that with the current recession (depression?) starting to roll out of Asia and Russia, there will be an inevitable impact on corporate earnings causing falling stock prices. We can already see this happening. Investment houses are smart enough to figure out that Y2K work will be one of the few places experiencing increased revenue growth and not the general slow down in the purchase of goods and services already being detected in other areas of our economy. Moreover, with under 500 days left, there is not enough time to fix everything, thus the work will continue well past 2000, some say to 2002 or 2003. All that 401(k) money has to go somewhere. Money Managers are rewarded for performance. Bonds and Blue Chips won't suffice. Y2K stocks will make a comeback. My advice? Buy now and buy some of the beaten down, lower priced Y2K stocks you can accumulate many shares of. Even the lessor Y2K companies will ultimately prevail over the next 2 years.

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