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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Redman who wrote (457)	2/12/1998 10:09:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 1361

<<Most of the Y2K shops are hyping this up to charge more to the companies that they want to do the fix for>> Of course! This is not surprising. A lot of these Y2k scams rely on the hype to get their foot in the door. What a lot of investors have not caught on to yet is that the financials for these companies range from complete scam (ZITL)...to atrocious (ACLY, DDIM)....to fair, but on the low end of the performance scale relative to strong software companies or body shops (IMRS); yet investors are paying absurd amounts of money for these stock. If you check out a lot of the chatter on the Y2K threads, you'll see a lot of smug remarks and self-congratulation for riding the hot-air up. However; experience tells me that only a small percentage of Y2K investors will walk out with any money when all is said and done, and those will be the ones who were intelligent enough to get out at the top of the speculative bubble.