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Technology Stocks : Y2K (Year 2000) Personal Contingency Planning -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (62)4/15/1998 9:29:00 PM
From: sibe  Read Replies (1) | Respond to of 888
 
By the way, are you still being suckered in by these Y2K stocks?
--Bill

Please explain why you don't like Y2k stocks.



To: Bill Wexler who wrote (62)4/15/1998 10:57:00 PM
From: SOROS  Read Replies (1) | Respond to of 888
 
Dear Bill,

When TAVA (also, IMRS, COGIF, ALYD, SPNSF, etc. etc. etc.) hits $50, $60, $70, $80, you won't care about hoaxes anymore. You'll be too busy rubbing the bruises you got from kicking yourself.

I remain,

SOROS

ps Y2K stocks have not even begun to fly yet. Joe Blow still doesn't know they exist. Many fund managers (old, stuck in the mud) will wait until the problem and costs to correct it are household, panic stricken knowledge -- ie. in 1998. They will buy then because the traditional stocks they hold will be losing earnings precisely because of Y2K. They have to move the managed funds somewhere, and when in ROME, well . . . . -- If you don't buy these stocks, you won't be retiring early and have enough money to hire others to protect you, so I'd suggest a good weapon and dry food stash.