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


To: Risky Business who wrote (9881)3/5/1998 8:09:00 PM
From: M. Frank Greiffenstein  Respond to of 13949
 
Risky,

Well, you and I will have to agree to disagree on that one. Only 41% of Fortune 500 companies are in some phase of y2k remediation. We can only guess at how many smaller companies or organizations have started, but I would venture much less than 41%. There are alot of NADA's out there, small organizations and companies with tons of data. The IMRSs and KEAs of the world probably would turn up their noses.

Now, OPSY does not have to churn out 100's of millions of dollars of work to make this an enriching investment. SO of 5.5 million (again, if the news releases are reliable) means that even 20 million in revenues puts this company at a PSR of 1.0, while 20 million divided by larger SO (like ACLY) would be a much higher PSR. And OPSY has a successful optical data scanning business, their internet/intranet business should be up and running in June.

OPSY is not my biggest holding, don't worry about me.

So, what is the capital structure of Risky2000? <g>

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