Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: M. Frank Greiffenstein who wrote (7698)	12/21/1997 5:53:00 PM
From: Andrew H	Respond to of 31646

Its interesting, Doc, this question about how to value Y2K earnings. I think the best way to answer this question is to see how the market values these companies. An interesting example is ACLY. While they would not claim to be "only" a YK2 company (because everyone knows this is supposeed to be the kiss of death), no one ever heard of ACLY before their YK2 solution and it remains their only real claim to fame. What does ACLY sell for? According to Yahoo, 110 times earnings. It is true that YK2 stocks have not had a great quarter along with the rest of the tech sector. However, it looks like the media will be catapulting the millenium bug to the big time. We will not be hearing the arguments of the last couple of years as to whether this is a serious problem or not. We will be hear more and more about the spending of billions and billions (Unilever will be spending a billion, the UK Health Dept. will be spending a billion, etc., etc.). It is my guess that the YK2 companies we be seen as the potential heroes and saviours of economies and markets worldwide.