This is a good week for accumulating Y2K stocks for holding thru the month. Gotta remember to take profits BEFORE end of year tho, and maybe hold some free shares into next year.
Everyone will be watching for computer crashes to occur on Jan 1, 1999, since full year accounting and other programs look one year ahead. If there are lots of crashes the first week of the year, and the first week of April [many fiscals], then rest assured that Jan. 1, 2000 will be devastating.
So why sell BEFORE? Because, if we get to Jan 2, 1999 and NOTHING happens. . . Y2Ks will tank hard.
Here are the ones I like:
SEEC now at 7 . . . . 52 wk hi 22.75. . . lo 3.62 [State of NY and UIS deal]
CHRZ now at 20.50 . . 52 wk hi 53.50 . . .lo 17.25 [Y2K fraction of biz]
IAIC now at 1.50 . . .52 wk hi 20.75 . . .lo 1.06 [GSA certified]
ALYD now at 9.15 . . .52 wk hi 21.25 . . .lo 5.25 [Idaho Pwr, etc]
TAVA now at 5.68 . . .52 wk hi 14.87 . . .lo 2.75 [lg. factories, UIS deal]
All are undervalued. But I think SEEC and IAIC will rise harder based on floats and trading histories. TAVA seems to have an anchor attached to it when it trades. Great company, but too many shorts and traders playing BOTH sides of the stock.
ALYD had a bit of attention recently. But it appears that the recent drop in price on Y2Ks overall could be big buyers pushing down for better entry prices. This is December folks. . .and there is just no stopping Father Time.
Rande Is |
