Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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

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To: Risky Business who wrote (13060)	10/15/1998 6:58:00 AM
From: paul e thomas	Read Replies (4) of 13949

THE EFFECTS OF Y2K AWARENESS A number of software, hardware and service companies are reporting that because IT budgets are being diverted to Y2K remediation their revenues and earnings are being or will be hit hard soon. I believe that this may soon make the market aware that those Y2K service providers with appreciable Y2K business may not be as risky a place to invest in growth stocks as previously thought. The Wall Street transcript published a major study of IT service companies and generally was supportive of the sector. Unfortunately only KEA was profiled as the study focused on medium and large cap stocks.Among the Y2K service firms IMRS has the largest percent of it's business in Y2K. Two quarters ago this began to believed that this was a negative for IMRS.If KEA earnings are very strong I believe that IMRS,CBSI,SYNT,MAST may get a significant boost. Does anyone know when KEA is due to report. IMRS will not report until 11/3 after the market closes.I have concerns CHRZ will not participate in any rally because of continuing worries about their post 2000 strategy.

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