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

To: Logain Ablar who wrote (12156)	7/1/1998 8:57:00 AM
From: Nanda	Read Replies (1) \| Respond to of 13949

I am in Hartford area too and I see and hear their need for employees at various levels. A company does not look for employees unless they have new contracts. My feeling is that they have garnered a lot of new business. I am personally discounting anything related to earnings this quarter and price has taken that into account. Third quarter should be a blockbuster. We are talking only 4 months. At the same time CMND stock price will not wait 4 months. I expect it to be in teens by that time.

To: Logain Ablar who wrote (12156)	7/1/1998 11:09:00 AM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 13949

Hartford Area? that part of Connecticut is full of insurance companies. CMND does well with insurance companies. Guess what? Insurance companies have to send out policy renewal, etc. well before year 1/1/2000. That means they will need to be y2k-compliant soon. With the project oriented approach CMND has taken, CMND is in control of the y2k projects - bigger budgets, bigger % of profits, etc. About earnings - they have 21 Million in cash. Even at 5% interest rate, that cash will earn $1.05 million/yr or 26 cents/qtr. If the share outstanding is 6Million, that gives (26/6) 4.3 cents/share. They reported 4 cents for the last qtr. Are they sitting idle for the last 3 months? Even if earned 2 cents/sh, that puts it at 6 cents/sh, 33.3% increase over last qtr. The key here is the small float. As the earnings/share goes up, the stock price will go up fast. These are estimates. Ram