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


To: Pendretti who wrote (12379)7/15/1998 10:03:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 13949
 
Pendretti, I've talked to other Y2K vendors who astonished me by saying that China is indeed a large market for Y2K. I assumed they would have tons of programmers a la India but I guess I am wrong. I do know that CCD Online is a Chinese company and they are doing a decent business in Y2K.

The problem with any relationship in China is that, believe me, you don't look past one year. For example, if your contact is ousted, you go with him. Contract shmontract.

I also find it curious why today's announcement of $100M over 3-5 years did nothing for the stock. At an average of between $33.3M and $20M per year, that's pretty darn good money for a company that did a mere $242K this past quarter. Might it be that EGNS has a credibility problem with investors? As I told you, since I don't follow the company I truly don't know if that's the case or not.

- Jeff