To: airborn who wrote (12531 ) 7/30/1998 4:07:00 PM From: Kevin Michael Read Replies (2) | Respond to
I couldn't agree with you more. For now most Y2k stocks are huge speculations, because investors feel that the growth will stop post-y2k (chuncks of their revenues will be eliminated). Obviously many investors feel that most of the money has already been made off of Y2k stocks (most are trading at their 52 week lows). It is frustrating owning these stocks, because in a sense we are buying against the market. We feel that companies such as COGIF and ALYD are successful and will continue to be well after 2000. I don't know much about ALYD, but after posting such numbers and going down, it also makes me think why I am holding Y2k stocks. But I think in the end, constant publicity will kick in about the year 2000 and these stocks might see some movement. After all we are in a market that really isn't trading on fundamentals anymore. I shudder to think what will happen to Y2k companies and their share prices if this never materializes.
