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To: Grashopper who wrote (15791)10/30/1998 9:12:00 AM
From: Patrick Slevin  Respond to of 17305
 
I never had any interest in the Y2000 stocks to be frank.

Early on, I was skeptical of the entire concept and later when I started to accept the concept there was a warning flag for me.

A newsletter/seminar guy who was touting Biotechs (lousy biotechs, ones pushed by boiler rooms) got behind the Y2000 sector. When he got behind the Biotechs it was just before they crashed and burned. I could not help but view his sudden conversion to the Y2000 sector as a bad omen.

So it had nothing to do with any one stock it was just a reluctance to embrace the entire sector.