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 : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?

To: George Taylor who wrote (967)	5/4/1998 9:17:00 PM
From: Rick Voteau	Read Replies (1) \| Respond to of 1654

George, the market is short to medium term wrong in many many cases. How else do stocks triple and quadruple in one year? The company didn't all of a sudden get 4 times more valuable in a year. It is because people were unaware or wrong about the future potential. Sometimes people are right as well. Present value of future earnings as well as momentum psychology drives stock prices. Currently Forecross doesn't seem to have either but that can change overnight. It has before and I believe it will again. Buyers will appear again when it gets more momentum.

To: George Taylor who wrote (967)	5/5/1998 10:21:00 PM
From: Ruyi	Respond to of 1654

The bidders are there...they are just lying low. The short sellers have created their little walls to the $8.00 level. Why make it any easier for them. They'll get crushed soon. Real soon! Some more FACTS: 1. May 5, 1998 Australian newspaper - Gartner Groups Predictions 98 Conference predicts outsourcing becoming only viable Y2K problem-solving remedy. Work to extend to year 2003. 2. Intel motherboards not Y2K compliant. 3. May 4, 1998 Reuters - banking mergers to be blocked by Fed due to Y2K non-compliance by banks 4. London Times states - Dow 10,000 set to crash computers. Worse problem than Y2K. Taking away badly needed Y2K resources. 5. EDS asked by General Motors to discount Y2K/migration contracts. EDS is being forced to outsource. These and other problems are right up Forecross's alley. The time is ticking and the number of companies who can do the work is not expanding. Factory-based solutions only viable alternative. RUMOR: Forecross set to trade on US exchange next week. Has anybody else heard this? For more: search Y2K news stories re: Australia, US banking, etc. Doug