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

To: Logain Ablar who wrote (11288)	4/29/1998 5:36:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 13949

Timothy, when PTUS dropped from 14 to 10.5, I thought I was being smart by waiting until it hit 8 to buy May 10 options. It proceeded to tank to sub 6. When VIAS dropped to 18 I thought about buying it, thinking PTUS was an isolated incident, and VIAS went to 15.5 and is hovering in the 17 range still today. Now CMND drops and, once again, we are all crying over-reaction. Is it? I think so in all three cases. But, so what. The institutions don't. I fear with the year 2000 so close that it will take something pretty spectacular to get money flowing back into these companies when there are so many other possible choices. I'm not saying it won't happen, just that it probably won't happen any time soon in this environment. The good news for shareholders of any of these three companies is that we are still talking about a Y2K stock and if turnarounds in any sector are possible, I can't think of a better sector in which to have one. - Jeff