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Technology Stocks : TSR, Inc. [TSRI] Good Earnings!

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To: R Sandvig who wrote (244)9/2/1998 2:19:00 PM
From: Andrew Furst   of 281
 
Time to buy TSRI now, I feel. Stock is almost trading as if Y2K business didn't exist; non-Y2K consulting business alone could likely justify $6+ price. True lots of businesses will replace systems now (to avoid Y2K bug), but others will wait, wait, wait until the last minute. TSRI has one of the fastest and cheapest ways to remediate code. Businesses may well come to TSRI in late 1999, early 2000 and get their quick "fix", then replace the entire system at their leisure. Y2K problem is real, and certainly not all systems will be replaced (or software corrected) in time.
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