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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 (8605)	12/31/1997 11:27:00 AM
From: geoff arms	Respond to of 13949

*ALL* I would like to wish all of you that have contributed to my stock trading knowledge a VERY HAPPY & PROSPEROUS NEW YEAR!!! Thank you, geoff

To: paul e thomas who wrote (8605)	12/31/1997 11:48:00 AM
From: IVAN1	Read Replies (3) \| Respond to of 13949

Paul: Question about your ACLY recommendation Firts of all congrats on your IMRS success! Well done! Also my thanks (and probably the thanks of a LOT of people on these y2k threads) for all your hard work and willingness to share your thinking with others. When we see that the posting comes from you we always know we're going to get facts or informed opinion and pay serious attention. My best wishes for a happy and healthy new year. (I'll leave the "prosperous" to you!) My question but first a little background. I am an ACLY investor and know the story well so I am not asking as a novice... Frankly, the bad vibes about Geimer's options has shaken me a bit.How do you view this issue and why is ACLY so high on your list? I know you are pro-TPRO but didn't see its name on your list. Any more details on your thinking for those with fresh money to invest. thanks! Ivan1

To: paul e thomas who wrote (8605)	12/31/1997 6:26:00 PM
From: paul e thomas	Read Replies (4) \| Respond to of 13949

IT TAKES PATIENCE SOMETIMES In 1997 I sold stocks 272 times I bought earlier.I invested 3.7 million $ of which 95 % was in Y2K stocks. IT was a rocky road to travel as 4/1 and as recently as 11/11 I was losing money on a year to date basis. ON 11/11 I was in fact on a total portfolio basis including the current portfolio 83,000$ in the hole for the year.NOne the less I stuck to my belief that the Y2K stocks with the best competitive position should be backed aggressively. Since 11/11 my strategy has paid off . My current investment of 430,000$ is now up 29% for an annualized gain of 293%. With yesterdays gain of 48,000$ on the sale of 200,000 $ of IMRS I now have a 6% gain or 15% annualized on the stocks I have sold. Since 11/11/ I have gained 280,000$. I tell you this not to impress you but to encourage you to stay focused. During the year I adopted a number of different tactics.In the beginning of the year I was mostly betting on Y@K stocks on the basis of stochastic indicators. I got mesmerized by my first quarter sucecess particularly with VIAS. I unfortunately rode it down buying all the way and took some big losses. I also got very badly burned by trying to ride the ZITL train.In the second quarter I discovered IMRS and CBSL and was among one of the fortunate to ride both up.After each quarterly conference call and after a personal talk with Satish Sanan I became really convinced IMRS had the soundest strategic plan of any of the Y2K players. This belief was tested when the stock price collapsed from 31 to 20. Fortunately I believed in my own instincts and bet big IMRS would in due course test the 2nd quarter high. Today it hit 38$. I have no illusions IMRS is a moonshot from this point despite the MAD MONKS current belief to the contrary. I intend to sell IMRS at the first signs of profit taking in the hope of buying back at lower prices.