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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM

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To: bill vickery who wrote (1851)11/11/1998 6:45:00 PM
From: 45bday  Read Replies (1) of 2067
 
Am I off base comparing VIAS to MIFGY or vice versa? As to how much downside can there be I think that's what i thought about VIAS at 10 a few months ago. Now at 2 3/4 the question may have had some merit. MIFGY does have 4-5 in cash, but if you looked at their recent announcement re earnings coming in at breakeven when the street was expecting around $.45 is quite disappointing, but then we were rather disappointed with VIAS also. I will add to MIFGY position when it starts to get some positive attention, and will wait for the earnings release to see if they have something positive to say. I only bought a few shs at 9 3/4 so no biggy, and it forces me to keep an eye on it.

IF VIAS can get euro conversion contracts MIFGY should be able to do considerably better as they are local. I don't know how extensive the VIAS presence is in Europe. perhaps ted has some thoughts on that.

PS: Ted re the steak dinner if VIAS goes to $15. My pleasure, but thought everyone in Sadona was a vegetarian. I'm not paying for your gas to Scottsdale as part of our deal.
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