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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

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To: Chris O'Keefe who wrote (1828)9/4/1998 7:37:00 AM
From: BigJake  Read Replies (1) of 2011
 
I am in the "Y2K stocks are out of favor" camp. I think IAIC is a buy at these levels as at least a 2 bagger. I have not followed the stock closely either, but do know a lot of faith was put in their UNICAST product as a major Y2K solution, thus expectations drove stock price to unrealistic levels. The revenue did not arrive as quickly as people expected. Based on current revenues and contract announcements, I now believe the stock is oversold and will rebound.

In general, I would look for most Y2K stocks to ramp back up. Investment houses, looking for better returns for their investors, will renew interest in Y2K companies because of their obvious revenue growth in 1999 as other non-Y2K companies get slammed by Asia and Russia.

Within the Y2K industry, it is now acknowledged that the there is insufficient time to solve the problem by January 1, 2000. Thus, these companies can expect revenues after that date, some say to 2002, 2003.
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