SI
SI
discoversearch

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 : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?


To: paul e thomas who wrote (6445)5/28/1998 12:45:00 PM
From: Jeffrey S. Mitchell  Respond to of 10786
 
Paul, I certainly agree that Y2K is not viewed as a "growth" industry (gg). However, there are two ways to be optimistic:

1. Yes, Y2K stories abound, but ask a neighbor if they have noticed and I bet they say no. Ask a friend you admire and they will probably tell you the problem is "overblown". At some point this scenario has got to change (or else one shouldn't even be invested in Y2K stocks in the first place). When it does, new blood will enter the sector and the MMs will take these people to the cleaners. Sorry to be so callous, but that's what will happen, IMO.

2. Certain Y2K stocks break out of the Y2K mold. We've all heard of "space-age" technology, i.e. stuff created for NASA that had consumer based appeal. Well, ALYD's SmartCode might just one day be considered to be called "Y2K-age" technology when adapted to e-commerce, the next wave. Cash-rich companies like IMRS can afford to just buy their future. Yes, this is a long term prognostication.

Paul, you are the consummate realist and people in for the short-term should pay careful attention to your research. However, long-term, I don't think a one-time in a millennium problem like Y2K can be made to fit any mold, especially with the emotional edge it has for people. Of course that means I'm as blind as the next person (gg). Oh well, it's only society as we know it at stake. ;^)

- Jeff