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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 (10787)4/7/1998 1:29:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 13949
 
It's a bloodbath in Y2K today. It makes no sense that CHRZ "expects to meet or exceed analysts' earnings expectations" and gets clobbered.

However, I do see a pattern. When PTUS was downgraded and tanked, PTUS issued a press release and was kicked down further. When VIAS was downgraded and tanked, VIAS issued a press release and was hit yet again. Now CHRZ issues a press release, albeit a positive one, and they get sent to the canvas.

Moral: if you are a Y2K company, lay low until this whole thing blows by.

- Jeff