Your right!
I do not want to own the Co. Forever.
Many corporations operations managements do not know the true cost of getting ready for the year 2000. Thus, they are basically willing to pay anything their systems managers tell them. There will only be one 2000 problem, until at least the year 10000. Thus, this guy from DLJ might be correct. AMH is a good buy now and would be a good sell in 2001.
I was reading an article the other night, that stated some of the major Wall Street firms will be paying up to $250 million each to get ready for year 2000. (please note I did not see, or I am not applying that AMH is going to get any of this business). They say AMH is actually not taking on any more year 2000 projects because they are booked. If a stock like BTGI, who also does consulting work can be at $24.00 per share. I can see why DLJ is very bullish on AMH.
I currently have 1000 shares, one lot I purchased back in April for 500 @10.75 and another back in June 500 @10.25. I really think we could see this stock go up! However, it will all be based on it's 4th quarter earning estimates.
I have another order for 1000 at @ $13.00, put I can not get it filled. It was very close yesterday, then came back-up.
K.J.Devine |
