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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 (8546)12/27/1997 9:16:00 PM
From: Rick Voteau  Read Replies (2) | Respond to of 13949
 
Paul, I agree with the recession scenario. Tech sector will cause the recession as companies will have to delay purchase of tech equipment. The big question is:

Will the Y2K stocks be drug down with the rest of the market??

I don't think they will but in times of market turmoil, the small stocks get hit as well as the large ones.

My belief and my bet is that the Y2K sector is gonna go on a feeding frenzy.

Body shops are taking off now. Software conversions will take off again by middle of 2nd quarter as 1st quarter earnings will be great. .