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

To: Josef Svejk who wrote (9706)	2/25/1998 11:47:00 AM
From: Bagladdy	Read Replies (1) \| Respond to of 13949

Josef, I was watching CNN. Charles

To: Josef Svejk who wrote (9706)	2/25/1998 3:50:00 PM
From: gerald tseng	Read Replies (1) \| Respond to of 13949

Josef: Care to look into DSYS?? stock down 47% for the day ($6.625 down $5.875)due to co. discovery of accounting irregularity.(CFO resigned for this) I looked at the press release and think this might be a good play, and took a small position already. prelim. results of audit shows roughly $1 mil revenue should've been reported in 1997 but was instead reported in 1996. (Note: this could be only PART of the problem though, as indicated in PR) Could be a good play becasue $1 mil is only small part of their revenue and also, it's basically a SHIFT of revenue rather than bogus revenue. Of course the creditability was hurt here. Comments from everybody is welcomed. DSYS DOES involved in y2k consulting business and have a good contract with state of Michigan (might or might not be y2k related)