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

To: BigJake who wrote (11982)	6/18/1998 12:01:00 PM
From: P. Ramamoorthy	Respond to of 13949

BigJake - Re.: ...is to look for other buyouts of tool vendors... The assumption is that stocks selling at prices close to cash/share have support at those levels, and that when y2k business (earnings) accelerates in the next 3-9 months, these companies have the financial strength to exploit the demand (hiring temporary employees or leasing facilities temporarily) and invest their windfall profits in businesses beyond year 2000. If they do not invest in new ventures, someone will buy them out! Of course, if they pay too much for their acquisitions like PTUS paid for Millenium Dynamics, they will be in trouble. Companies with cash are (check their balance sheet on EDGAR to make sure): IMRS, COGIF, CRYSF, SEEC, CMND, MIFGY, etc. The list is not meant to be complete. This is a short term view of a company's worth. Companies with contracts or great technologies are not included, since it takes longer to realize their potential and longer term involves uncertainty. A caveat is how the cash is used: smart acquisitions (IMRS), share buyback (CRYSF), expansion beyond year 2000 (SEEC). CBSL and MIFGY used stock swap to achieve the same goals. Ram