Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: paul e thomas who wrote (11289)	4/29/1998 5:28:00 PM
From: JDN	Respond to of 13949

Dear Paul: Yes, but CMND was but a small part of my portfolio so the loss is manageable. Plus I had the ability to double down so ultimately I do not expect any loss. Had CMND been my only investment I probably would be staring up from the floor. JDN

To: paul e thomas who wrote (11289)	4/29/1998 7:47:00 PM
From: Nanda	Read Replies (1) \| Respond to of 13949

Paul, CMND is only a part of my portfolio of 26 stocks. My loss was very nicely cushioned by 12,000 + shares I got at 5 1/2 and 5 3/4 this a.m. which I sold at the end of the day at 7 1/4 for a nice gain. In investing one has to take lumps now and then . I will continue to trade this stock and hold a core position. This stocks dollar drop is still less than our favorite IMRS which has dropped $15+ in 3 weeks. I am not selling that one either. I would still echo JDN's sentiments that all eggs in one basket is a far riskier game.

To: paul e thomas who wrote (11289)	4/30/1998 6:20:00 AM
From: paul e thomas	Read Replies (1) \| Respond to of 13949

COMMENTS ON Y2K SERVICE COMPANIES I was comparing the price graphs of IMRS with other Y2K service companies by overlaying them for various time periods. I found that the recent rather significant % drop (-34.0%)from the 52 week high brought back IMRS to approximately the same price appreciation since the IMRS bug run-up began in November as KEA and a number of other key Service providers have achieved over the same period.To gain further insight I put together the following table. IBD STOCK EPS RS % BELOW 52 WEEK HIGH % CHANGE YESTERDAY IMRS 99 88 -34 -8.0 CBSL 95 99 -18 3.4 KEA 98 91 - 6 -1.0 MAST 98 97 -11 -3.4 SYNT 99 99 -10 2.7 CBR 99 85 - 7 0.7 CHRZ 99 50 -26 1.4 SORRY FOR THE WAY THE TABLE PRINTED SYNT is undoubtedly the standout, driven by a combination of strong EPS qrowth and way too low analyst expectations.CHRZ has been hurt nearly as badly as IMRS in falling from its 52 week high.It however is clearly the weakest performer in relative price terms as calibrated by IBD.I attribute this to the lack of clarity and belief as to how CHRZ will grow beyond the year 2000. It looks to me there will be further price weakness in IMRS. I continue to believe it is being driven by momentum players wanting to stay aboard the Y2K service provider train longer and who feel IMRS is no longer an engine of this type of growth.CBSL has yet to report results there is additional uncertainty about the price outlook. In looking at market internal indicators it is clear the market reversed momentum yesterday. The two Market gurus I follow did express considerable caution about reading too much into the reversal.I am looking to catch the bottom on IMRS.I will have to sell something to do it.I may take a wash sale loss on IMRS and will probably buy calls as well as buy back shares.