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


To: billieo who wrote (514)9/3/1998 12:16:00 AM
From: Kevin Michael  Respond to of 572
 
Yeah, this cite has little to cheer about even though CRYSF has released a lot of positive statements. Looks like everyone hates the volatility of this stock and probably sold their shares like myself. It really is tough to see a company perform so well and yet get hit so hard. Let me just reiterate one thing to all the new people that are thinking of buying or just bought. BE CAREFUL! A lot of people have lost money on this one despite all the company's success. I would consider right now to be a pretty darn good entry point, but ... there are many factors to consider when you buy a stock like this. Such as investor perception of the stock and the sector that it is in. CRYSF is an Israeli based company that generates about 90% of its revenue from Y2k fixes and investors are worried about post year 2000 operations. Even more importantly consider the recent volatility of the market as a whole. With any volatility, CRYSF is likely to continue its downward trend. Yet there are many positives!