The picks Message Board

STOCKTALK

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.

Strategies & Market Trends : The picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joey Tilton who wrote (847)	12/30/1996 9:08:00 PM
From: Mary Henry	of 6124

Guys, There is a hot new Y2000 stock that has surfaced. You probably have already heard by now about UCMP UniComp. Yesterday it was a small cap stock today it closed in on 10. It opened at 5 and closed at 9 5/8 up 96%. But WAIT-- this isn't just a play. This stock actually has merit and a contract with an undisclosed "worldwide services" company. With all of the focus shifting from the other Y2000 stocks such as ZITEL, this one is sure to be a winner. Here is an excerpt from briefing.com today: 13:30 ET ****** UNICOMP INC (UCMP) 8 3/8 +3 9/16.Shares of largely undiscovered "Year 2000" play are going through the roof on news that company's Unibol unit secured a contract for "millennium bug" services. In a press release, company said it will provide the first phase of an impact analysis of "Year 2000" issues associated with the applications of a an unnamed ''worldwide services'' company. UCMP expects the initial phase of the agreement to be worth $100,000, with the full project estimated in excess of $1.65M. News has sent the stock more than 74% higher as it benefits from the rally going on this extremely hot sector. However, there is one primary difference between this issue and several of the other 2nd-tier "Year 2000" plays, it has a major contract in hand. Until today stock had failed to participate in the sector rally that has sent several sector stocks more than 200% higher in less than two weeks. This issue is set to expand its 52-week range of 3.50-8.625, which is extremely narrow when compared with almost all of the other sector plays. Read all about it on the thread: techstocks.com Good Luck to All, -Mary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next