deeno, great post.
My question is, why do you think that things are not going to
pick up until 1/1/00? I think a lot of expenditure for remediation
will end sometime in late Q2, early Q3 (my sector of Lockheed Martin is scheduled to finish end of March, most of the corporation a couple months before that, i.e. about now). 1/1/00 assume most companies are going to the wire (and maybe they are). Plus, the investment curve I think will lead the growth curve by about a quarter. As the Y2K spotlight gets focused, I think attention will focus on the SAP and PSFTs of the world much sooner. Perhaps this summer.Your right about dead money for a while in this sector, the big question is when will it begin to rise again? I am wrestling with the idea of selling now and trying to time the curve, but I have been an abysmal failure at that in the past, so I will probably just stand pat. |
