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


To: Josef Svejk who wrote (12617)8/6/1998 11:40:00 AM
From: airborn  Respond to of 13949
 
Josef: You are absolutly right:

These Y2K stock's are at their 52 week low's, why sell now, even the most notorious Short, Bill Wexler must be getting ready to cover his shorts in the Y2K, he still recomends shorting Tava at $5.00 or over and it is almost their, so I take it he will be covering his short on Tava at around $5.25 to 5.50, he will probably let people know that AFTER he has covered his short and then Tava will gradually move up again and who know's maybe he plan's to do it all over again, he certainly has been successfull at it, if I had his money, I could burn mine...

The fact is that the Blue Chip Y2K company's, IMRS, CBSL, SYNT, ALYD have all posted VERY GOOD Revenue growth and now showing good profit's, CBSL posted a .20 cent profit on their last quarter, way up over last year, are these Y2K company's not coming into their most profitable year in their live's, do stock's go up because of increased Revenue and Profit's? Have we all been wrong about our belief in this Y2K problem?

I guess the next 6 monthes will tell us!