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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?

To: JOHN IACOVACCI who wrote (8548)	8/30/1998 7:01:00 PM
From: BigJake	Read Replies (1) \| Respond to of 10903

I agree. I predict we are going to see a rebound of Y2K stocks across the board and pretty soon. Despite the economic problems coming out of Asia and Russia that will pound other stocks, Y2K work has to be accomplished no matter what. While many goods and services can be deferred, Y2K work cannot be delayed any longer. Further, at this juncture, with so many companies and government agencies so far behind, we can also expect to see companies doing Y2K repairs well after January 1, 2000, some say to 2002 or 2003. When demand exceeds supply, micro-economic theory shows prices go up. When prices go up, earning increase. Y2K companies that have earnings going up when other companies are falling in earnings will be reflected in the Y2K company's stock price going up. The street already knows this and Y2K stocks will return to favor as other stocks continue to get pounded. I think this will begin to significantly happen as the head traders in the investment houses start to return from their summer vacations. Remember, all that 401(k) mutual fund money coming into the market from baby boomers can't just be parked in bonds and blue chips. These investment houses are going to look for some places with earnings potential to pump up their returns or face losing customers to houses showing better returns. Enjoy the ride.