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: airborn who wrote (11353)	5/2/1998 1:38:00 PM
From: sibe	Read Replies (3) \| Respond to of 13949

anyone else's feedback would be appreciated. --airborn The big and small investors are much more discriminating now when it comes to Y2k stocks. After the dramatic rise and equally dramatic fall of Zitel, Peritus, Data Dimensions, etc., simply saying you're a Y2k vendor, have a great product, and have a great list of clients doesn't mean nearly as much as it used to. I believe one key component for investing in a Y2k company now is whether that company has life after 2000. Investing now in a Y2k company based simply on their prospects for Y2k work is too risky for me. There is just too much competition now. Also, there is the risk of the big boys pulling out at the peak, which I believe will be no more than a year from now. Remember, the current p/e ratios of most of these companies are supported by promise, not substance. In my own experience, I was invested in Alydaar. However, their post-2000 plans are fuzzy at best. There is some talk of acquisitions and Euro work, but nothing concrete. And even though they claim to have a great remediation tool and have signed up a very impressive list of clients, their Q1 profit was below expectation. I think it's too late for them at a 9 cents eps to have a price of 15 3/4. I have sold most of what I own and will soon sell the rest.

To: airborn who wrote (11353)	5/5/1998 4:09:00 AM
From: TEDennis	Read Replies (1) \| Respond to of 13949

airborn: Re: Y2K stocks ... sorry I haven't replied. Was out of town. 1) Y2K stocks seem to be in Limbo Yep. Mine, too. Some current losers I wish were in limbo. 2) Is the calm before the storm? I expected us to be in full scale gale winds by now. Not very good at timing, am I? 3) When do you think the next run will start? One major failure is all that is needed. Morbid, eh? Press is helping. Recent banking regulations that will forbid any mergers unless both clients are compliant (or have a plan to be) should draw attention. I really expected the whole shebang to get hot in January of this year (2 years away, so some forward projections would run into trouble). 4) Will they take off like the internet stocks? I think a few of them will do VERY well. The whole sector will be lifted to a certain degree by those successes. But, I don't think it will be as crazy as Internet stocks. Mom and Pop understand the Internet, but not Y2K. Regards, TED