SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (6947)11/3/1997 12:35:00 AM
From: Doug R  Read Replies (2) | Respond to of 79273
 
Andrew,

Remaining profitable and growing profitability are the key points. There will be many more Y2K casualties than successes. The media generated interest in the phenomenon has created the situation that contrarians dream of.

Ben asked about MVSI which has a bit of Y2K business. It's one company that has not put alot of store in that arena as far as I can tell. Their core business is solid and Y2K is viewed only as a short-term cash generator. There are many companies that sprouted up solely as Y2K fixers and are scrambling to develop a real business. No matter how rosily they paint their future, when the fat lady sings, their stocks are going to pull an Oct. Hang Seng.

Ben, BTW MVSI is going to use the next 2 days to get its short-term technicals together then head back up to 8. When it gets to 8, remind me to check it again.

Doug R



To: Andrew H who wrote (6947)11/3/1997 2:36:00 AM
From: Gary H  Read Replies (1) | Respond to of 79273
 
Doug & Andrew, I resently spoke to a fund manager stated the he fealt
the steam was out of Y2K's. It seems every time I turn around there
is a new one wanting a piece of the pie.