SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ctirry who wrote (1857)9/20/1998 9:43:00 AM
From: cage  Read Replies (1) of 2011
 
I have to agree with you Charles concerning what to look for from IAIC. Like it or not the only way the share price will make any kind of a meaningful run up would be if it was recognized as having a solid non y2k program in place. From what I have heard they are working hard in that area, but it is not likely to jump up and bite us by surprise in the near term, though I do expect some positive non y2k announcements. It seems that almost all the y2k companies are trying to put their best foot forward in non y2k areas to get backing from investors who have been frightened away from the y2k sector because of the fear that the money making is over in that area. Whether the money making is over or not in the y2k sector doesn't matter-the perception that it is is what will decide the price not the reality. I am not saying one way or the other that the money making is over in y2k only that the perception is what is making it move, or not move.
I do think that strong earnings could move the price up to even double the going price this Q, but unless there is a major shift in the investment community's perceptions of the sector there will be no runs to 20 a share based on y2k work-IMHO.
A major announcement of a deal or partnership with an Oracle or similar type company that IAIC will be doing conversions of old language to new language for their customers would be the ticket up the share price ladder. Of course, the market is a crazy place and nothing is for sure-a major catastrophe in the y2k arena could cause a major rebound in the sector, but that is hoping for something to happen, and to invest on purely those grounds would IMHO, be foolish. If you feel that the earnings will be strong enough to drive IAIC up to 5 a share then it certainly is worth an investment. The percentage growth would be very hefty. It jumped up over a half on the last day of trading (23%). Could mean something is in the air. Someone seems to feel there is going to be either a major announcement or the earnings will be well over what is or has been expected.
I am one of those who had been talking positively about IAIC for a long time and I have stopped because there really hasn't been anything to say-why talk when the price is doing all the talking. The market as a whole has been lousy and the y2k sector has been worse. If some of you jumping into the banter of this page take pleasure in others loosing money on a stock (which seems to be the case judging by the tone of what some of you have said), it is a sad commentary on your character. I would think you would be happy to have made the right decision to get out at the right time and to have made some money for yourself. I didn't think taking pleasure in other people's losses and rubbing it in was why you invested.
I do not mean you Charles, it is only coming out in this response because I started this response by agreeing with you on the non y2k issue and continued into other areas. I hope that last statement made sense.
Have a good day all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext