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Technology Stocks : Crystal Systems (CRYSF) - AD 2000 Solution IPO -- Ignore unavailable to you. Want to Upgrade?


To: Sparticus who wrote (511)8/25/1998 7:58:00 PM
From: Kevin Michael  Read Replies (1) | Respond to of 572
 
See some of my previous posts. This stock will obviously take a lot of patience if its shares are ever to appreciate (probably no time soon) and needs a MAJOR news announcements before investors will take notice (completion of stock buyback, huge contracts, and a better stream of revenue from non-Y2k areas). Its parent company also runs a good technology busines, but investors are ignoring it as well and its shares are trading at a very low PE ratio. My advice to you would be to stick to American companies or at least stay away from Israeli companies until investors start to favor them. I love CRYSF and its consistent reportings, but you have to be a momentum investor with a company like this. It is this simple: Y2k stocks will get one more good runup or many companies will see their market caps steadily decrease as the runup never materializes. Who knows; let's hope the world gets this thing solved before we see another global catastrophe.