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

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To: michael tantleff who wrote (12832)9/8/1998 12:18:00 AM
From: Kathy Riley  Read Replies (2) of 13949
 
Michael and other Year 2k stock fans, where is everybody placing bets
for the next cycle up. I am convinced we will definitely have one,
the question is from what levels. At this point, I find it hard to
believe that a stock like VIAS, or even ACLY for that matter is going
to continue dropping much from these levels. One could almost make
an argument for buying ACLY at 2 and holding for 5 or 6 later this fall
when DEC kicks in. I also find it hard to believe that institutions
are going to "pass on" this sector the closer we get and the more panic
and media attention to the issues. None of these stocks need
approach their highs of the year to have substantial gains, which
is why I am still hanging in there. Thoughts anybody? Also
for programmers, I would love to get an update of what you are
currently seeing. The picture I continue to view is getting uglier
by the day. I am just amazed at how little has happened.

Kathy
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