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Technology Stocks : Iona (IONA)

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To: Captain James T. Kirk who wrote (388)4/1/1999 2:08:00 PM
From: John Ritter  Read Replies (1) of 491
 
Quite a pounding, probably an example of why we bump into each other on these situations. We still don't know the fair value of the company but we have to be pretty close at these levels, if in fact contracts were pushed forward. This is possible given IS focus on Y2K baggage. See example of CATP for consulting side, this one has been very nice to me after the selloff, but don't expect IONA to rebound very quickly due to the technical nature of the product.
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