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Technology Stocks : Zmax (ZMAX)/New Year 2000 play

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To: nick stalin who wrote (47)12/30/1996 3:03:00 PM
From: Benjamin Rashcovsky   of 370
 
I believe UIS is commited to implementing a coherent strategy to take advantage of the year2k crisis. Remember that UIS, unlike several other players involved in this sector, is a company with tangible revenues and varied interests.

The activity today is positive, up a .25 w/ many large blocks being traded. The BIDxASK size is enormous on both sides. Volume well over a million. Option volume on Jan 7.5 calls is approaching 1000 contracts.

We may be witnessing the rotation of money out of high-risk year2k equities into grounded companies, like UIS.

-30-
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