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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Nanda who wrote (13257)	11/11/1998 6:58:00 PM
From: 45bday	Respond to of 13949

Nanda: Hope your family health problems are behind you, and all is well. I know that you and most of the other posters here were never big on ISLI before the acquisition by MIFGY, but it was one of the y2k stocks I did well in. I bailed out after the merger, and have watched MIFGY shrink from 43 or so at that time to under 10 currently. It would appear that ISLI knew that y2k wasn't going to be the big winner they anticipated so sold out at a price that we all thought was cheap at the time. In hindsight it was probably a good deal for ISLI shareholders. MIFGY recently announced a horrible qrt. and the stock went from 19 to 10 overnight. I am in VIAS and saw a similar reaction and a very solid recovery these past few weeks ( 2 3/4 to 8 1/2 ). MIFGY, like VIAS, has excellent product, a well established client base and plenty of cash. They both have admitted that they put too much emphasis on Y2K and it backfired. Curious if anyone on this thread has taken a look at it, and sees the potential for a quick turnaround or am I pipedreaming. I bought a few shs yesterday, and won't add until I see it getting solid volume and price increase, but appreciate any thoughts on this one. Thanks.