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


To: P. Ramamoorthy who wrote (10380)3/24/1998 10:53:00 AM
From: M. Frank Greiffenstein  Respond to of 13949
 
Instinet loves FORSF...

Somebody on Instinet bought 8,500 shares at 19.25. Nothing but buying today, few sales in sight. We could be seeing a blowoff today, but I would not disocunt a SYNT-like rise over next two weeks.

I think PTUS is a broken stock. When people like TSRI and PTUS report increased competition and fialure to meet goals, this has to be viewed in the context of the y2k niche market, not general market cocditions. You can forgive a company an earnings shortfall if they are in a market that will be around for decades. You cannot do that with companies with limited time frames. I am staying away from SEEC for that reason. I see a further lifght to quality (CHRZ, MAST, etc), with renewed interest in comapnies that offer Euroconverison (VIAS, FORSF, CRYSF). And of course there is TAVA <g>.

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