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

To: Jeffrey S. Mitchell who wrote (12380)	7/15/1998 10:40:00 PM
From: Pendretti	Respond to of 13949

EGNS will train Chinese people to do the job for them in China. About the stock price. First let me tell you why the stock went up a few months ago from 1.2 to 3. It was mentioned that they were in negotation to acquire CBR, a big Chinese database company who had the licence to built a Chinese Yahoo. Because of the Internet hype people went for the stock. They moved it up to $ 3 and then profit taking started to happen. Then MM drove the stock down to cover the short position they built up on the way up. And with BB stocks you see this happen a lot. Now, the problem of today is that EGNS is categorized as a Y2K stock and not a lot of people look at those stocks because they think it is an ending story. And today there was selling on the news in the morning. Later I heard the news came also out on Dow Jones but it didn't mention everything, like the IBM business. And then we saw some more buying coming in at the end of the day and it absorbed all the selling easily. I hope this will continue tomorrow and we break the $ 2 level so we can go to $ 2,5. Then we will wait for good news on South Africa and better q2 figures. But q3 will show us real good figures IMO and q4 also. So this is an investment for a little longer and not for a week. And that is what we want, investors in the stock. And when the South Africa trip is finished they will go back to the Regional Investors Bankers Association and then they expect some action from them. Because then they can see what this company has achieved the last months and they will take a stake in it maybe. We only added more shares to our portfolio over the last two years and we did well and it is only starting now IMO. Rene.

To: Jeffrey S. Mitchell who wrote (12380)	7/17/1998 4:55:00 PM
From: Jeffrey S. Mitchell	Read Replies (5) \| Respond to of 13949

Re: Y2K Stocks, a 4 month recap About four months ago I started a portfolio here on SI to track 40 Y2K stocks. Here is a summary of how they have fared. Needless to say the sector didn't do so well during those four months but has shown definite signs of improvement over the last few weeks. Note: Each stock was initially valued at $10,000 HIGH FLYERS ---------------- TPII $32,758.85 VXTK $16,618.50 MONEY MAKERS ---------------- ISLI $12,882.00 MERQ $12,672.25 KEA $12,206.25 PLAT $11,656.00 SDS $11,583.00 CPWR $11,569.50 SPRI $11,473.31 HELD THEIR OWN ---------------- CBSL $10,980.00 DDIM $10,944.00 ZMAX $10,271.01 TAVA $10,032.19 HUNG IN THERE ---------------- SPNSF $9,921.88 CACI $9,877.00 IAIC $9,553.25 COGNF $9,439.50 CDO $9,317.00 ALYD $9,289.50 MAST $9,191.00 TSK $9,125.00 SYNT $9,045.50 ANLY $8,697.88 LOOKING FOR DIRECTION --------------------- CHRZ $7,966.38 MIFGY $7,257.25 COGIF $7,074.38 CRYSF $6,792.50 CSGI $6,399.00 IMRS $6,272.50 UCMP $6,177.94 DOGS ---------------- SAA $5,571.75 TSRI $4,999.50 VIAS $4,847.38 PTUS $4,585.63 ACLY $4,400.00 ZITL $4,141.69 SEEC $3,284.13 CMND $3,119.50 AGCR $2,606.72 DSYS $1,068.38 The portfolio: techstocks.com - Jeff