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

To: TEDennis who wrote (10450)	3/26/1998 9:33:00 PM
From: David Eddy	Respond to of 13949

TED - Please don't use such obscure words. You're confusing me. Remember the classic line in Herman Wouk's "The Cain Mutiny" in reference to when Capt Quig(sp?) steamed over his own tow line... "When in danger, when in doubt... steam in circles, scream & shout." - David

To: TEDennis who wrote (10450)	3/27/1998 2:11:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 13949

My goodness, an entire press release based upon wishful thinking on an SI thread! Note: I've inserted the links to the SI posts. ===== Year 2000 Wire/Egan Systems Stock Jumps 38% from Announcement of Joint Venture Talks to Confront China Millennium Bug HOLBROOK, N.Y.--(BUSINESS WIRE)--March 26, 1998--Since last Wednesday, Egan Systems Inc. (OTC BB:EGNS - news) has come from about $1.07 to a point where they are flirting with the $2.00 mark. In fact it broke $2.00 several times on Monday and traded over 775,000 shares less than one week ago. It seems as if people are finally hearing about this company and realizing that it is not only a Year 2000 firm; in fact thanks to the company's COBOL programming backbone it has staying power far beyond the year 2000. Silicon Valley seems to have caught the ''BUG'' and cannot seem to stop talking and sharing thoughts about Egan: ''She may pull in slightly but for the most part she is heading North looking for a price of $6.00 - $10.00 by December.'' March 23, 1998 207.183.153.206 ''Maybe Egan can even rally into the twenties briefly when the day traders kick in as momentum picks up. We should all do well on Egan.'' March 23, 1998 207.183.153.206 (yes, same post!) ''If they can produce somewhere between 3-4M in revenue this stock should trade around $4.00-$5.00 a share sometime this year.'' March 13, 1998 207.183.153.206 ''If the company's products are even half way decent and they begin to get some solid contracts, $4.00-$5.00 is within reach in six months.'' March 11, 1998 207.183.153.206 ''The company will be attending the Regional Investment Bankers Association conference at the end of April. That should really bring the company into the spotlight and bring it into the big time!'' March 24, 1998 Andy Lai, director of Yorkshire Capital of Hong Kong, said: ''Asian companies are far behind the West even in awareness of the Year 2000 problem. China and Japan are both in a very vulnerable position for which we believe Egan Systems has solutions.'' Egan Systems President, Ed Egan, said: ''Less than 10% of China's corporations have even addressed the Year 2000 problem and Hong Kong is in a panic because their reputation as an international finance center is in jeopardy. It is our goal to complete agreements and be selling product in China by the end of summer 1998.'' Egan Systems Inc. is forecasting 400% growth in 1998 and at least an additional 400% growth in 1999. The company is a leader in providing Year 2000 Impact Assessment and Remediation Tools and Services. For additional information and research reports call Thomas Tedrow, Tedrow Communications Corp., 800/777-8098 or visit the company's web site at www.egns.com. ------------------------------------------------------------------------ Contact: Tedrow Communications Corp. Thomas Tedrow, 800/777-8098 www.egns.com. ===== OK, my turn. "EGNS systems is poised to earn a trillion dollars in '98." Do you think they'll quote me? (gg) - Jeff