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


To: Patrese who wrote (11191)4/24/1998 2:46:00 PM
From: Nanda  Read Replies (1) | Respond to of 13949
 
Oh yes. But I dont think this correction will be long. market is doing a short term correction in all sectors. take look at internet stocks were down 2 days and are up today. Same up down and up in financial,airlines and medical stocks. y2k problem is not going anywhere and who else is posting numbers like IMRS,MAST,CHRZ and KEA etc.



To: Patrese who wrote (11191)4/24/1998 3:21:00 PM
From: paul e thomas  Read Replies (2) | Respond to of 13949
 
WISH I KNEW

Today makes me realize that the stock market is not always an "Efficient Market" that quickly accurately integrates the significance of market or stock specific information to produce a rational change in stock price.Based on the 12% price drop in IMRS price one would think that IMRS both missed analyst forecasts,and announced weak future prospects.What a contrast with the optimism expressed by the analysts during the call and the pessimism reflected in the price movement.