SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : GLBM expected to earn $.25 next year - A buy at $1.25 -- Ignore unavailable to you. Want to Upgrade?


To: Proton who wrote (670)8/6/1998 2:58:00 AM
From: Neurogenesis  Respond to of 938
 
Still here.

I think the Y2K announcement has significance. It must be that the VCC can take over the system monitoring functions of certain software that is not Y2K compliant. There is a huge installed base of these 'older' systems. Obviously, these are not going to be thrown away on 12-31-99 and yet they still need the systems software to run. So, if the current systems software is not Y2K compliant and will not be Y2K compliant (in time), what does the owner do? I guess they buy (or lease) a VCC?

I am just guessing, as the announcement is none too clear (from my reading). It also seems to imply that the VCC allows companies to fully assess their Y2K compliance. I think this is why they (other companies) might lease one. To check out compliance.

At any rate, watching the stock hover near $2 for some time, I have been preparing myself for this possibility. It was bound to either move up or break down through the $2 support. I thought it would do the former, but it obviously did the latter. It did in fact 'test' the $2 mark and 'try' (I put these anthropomorphisms in single quotes) to break down several times before succeeding.

At least there is some volume at the current level. Someone out there thinks this is a buy at $1.75. I do too, though I would not have much to say if someone attacked my credibility at this point (at least on timing).

We need to see some performance. We also need more broad-based support (following) for the stock.

At the end of the day, this will work out to everyone's extreme satisfaction.



To: Proton who wrote (670)8/7/1998 1:17:00 AM
From: Dan Turner  Read Replies (1) | Respond to of 938
 
My take is that it is neither a "brilliant" marketing ploy nor an act of desperation. It's closer to the former, however. This idea of leasing systems for short terms is very smart -- whether for testing Y2K readiness or not. Some other companies I follow have improved their success (=sales and cash flow) significantly by adding a leasing program. This is especially true for products like the VCC, which is otherwise a fairly high cost item.

Rgds.

-DT