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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: paul e thomas who wrote (7992)	11/20/1997 12:16:00 PM
From: tech	Respond to of 13949

Looks like VIAS performed as expected.

To: paul e thomas who wrote (7992)	11/21/1997 6:32:00 AM
From: paul e thomas	Read Replies (2) \| Respond to of 13949

A PERIOD OF RAPID CHANGE Over the last 6 days the net value of my account at Fidelity versus that at the beginning of the year has increased from 1.3% to 33.3% or a change of 32%. This compares with the IBD Mutual Fund Index NAV which has grown from 12% to 17% over the same period. This year to date gain of 33% on an average investment of about 400,000$ at any one time has tested my nerves many times. It has provided the adrenalin of a roller coaster ride.I am hoping to end the year up 100%. If IMRS hits 35 it will happen.You may recall some weeks ago I said the fair market value for IMRS was 34-35.

To: paul e thomas who wrote (7992)	11/22/1997 8:11:00 PM
From: paul e thomas	Read Replies (1) \| Respond to of 13949

y2K CHART PATTERNS There appears to be a significant divergence emerging among the chart patterns of the Y2K stocks. On the one hand service providers like IMRS are showing a strong rebound from the post October 27 mini-crash. On the other hand tool providers like SEEC and DDIM and factory solution firms like PTUS and ALYD have either weakened appreciably or are in a sideways trading pattern. Anyone holding tool providers should do some detailled checking to see if mutual fund ownership is declining. There is little reason to believe that a broad based interest in y2k stocks is about to unfold before the December earnings are out.I believe that as the market interest in small cap growth stocks is pumped up by the factors that drive the January effect some Y2K stocks will get a significant boost upward. Like the rest of the market there will at the same time be a flight to quality which will favor Y2K stocks with a proven history of revenue growth and sound prospects for post year 2000 business.