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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?

To: harryl1 who wrote (159)	9/21/1998 6:08:00 PM
From: treetopflier	Respond to of 717

Spending for products like MSTR's are discretionary. Over the next 12-18 months, I feel that spending for projects involving products like MicroStrategies will be significantly curtailed. There are TOO many other, more important projects for IS to undertake. Moreover, there are too few people available to work on them. If a CIO is faced with ramping up several back office upgrade, installation or interface projects -- these will get done next year, because they more than likely have a Y2K mandate. Projects involving products from MSTR do not. That is overwhelmingly my basis for recommending the sale of this issue. They will NOT meet the rosy growth predictions that are required to maintain a PE like the one they are sporting now. The clients I do work for are NOT buying these products for widespread deployment at this time. Yes, they may be dabbling in them, but NOT adding 1000's of licenses. There is a big difference. To do a large scale deployment of ANYTHING takes $$$ and people. The amount of $$$ and people that Y2K projects is syphoning out of IT budgets and staffs is escalating, not declining. And it comes at the expense of discretionary purchases and projects like these. Will they ever see $40 and sustain it? I hope so, but I don't see it until late 2000 or 2001. They will see $10 before they hold up over $40 for a quarter again. ttf