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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (6727)11/10/1997 1:54:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 9285
 
Pancho,

Thanks for your opinion on CTXS. We have read your post and feel you have made some very good points. All we ask of any one is their honest opinion as we alone are responsible for our trades. There are better shorts to chose from but I feel as Roger does that it could break down hard and fast at some point.

Mike



To: Pancho Villa who wrote (6727)11/10/1997 7:39:00 PM
From: Pancho Villa  Read Replies (2) | Respond to of 9285
 
TO ALL: everyone back to work! Another candidate for year 2000 short:

In reading an article about year 2000 horror stories I found this "beauty": SEEC I only spent about 30 seconds on it but I find it very similar to ACLY: around 4 million annual revenues (and a market cap of over 100 million around 1-2 for ACLY and a larger market cap) . There is something better though, these guys are making less money than ACLY. Will start the work right away!

Here is the link and excerpts on the SEEC contributed story. I also trew in the story contributed by ACLY.

thestreet.com

Millions in Seconds
"A story I like to tell is about a CIO who thought that his IS department was making a big deal about the Year 2000 problem. He called his operations manager and asked him to set the MVS clock to January 1, 2000, to see if any of the systems failed. He was in for a shock as a lot of database records got purged and archival data got wiped out in addition to systems failing. The damages were in several millions of dollars. I believe he was fired. This is supposed to be a true horror story."
-- Ravi Koka, the CEO of Seec (SEEC:Nasdaq)

Where to Begin?
"A chief information officer with a big manufacturer in the Midwest came to us last year and said: 'I don't want to buy your tools to fix my Year 2000 problem just yet. I want to know if you can get me 10 interim people for about three months just to go through our company and let us know what computers and software they're using -- because I have no idea.' "
-- Tom Giemer, CEO of Accelr8 (ACLY:Nasdaq

Not 15 minutes have gone by and I already think this one is a short based on latest quarterly report. will continue to work.

biz.yahoo.com