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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (41487)	12/30/1998 11:52:00 AM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

John, I had Intersolv, but it was taken over. Keane is my only current play. I have messed with the body count firms, ala Judge, Cambridge, CSC, Logicon (now taken over) etc., but am out of them now. Here is my question. What happens if I get a check that says Jan 2, 1900? Is my bank not going to cash it? I think they will. On interest, what if the "base" is calculated to be the amount in place on Dec. 31, 1999? After that, who cares what the real date is? I know there are many areas where there are no easy fixes. But some are as simple as Vanguard's money market checks leaving the year out of the upper right section. You get to fill it in in ink. Or, crayon, in my case. <G> The problem is that corps are conservative animals and they will simply stop doing something until it has been tested. MB

To: upanddown who wrote (41487)	12/31/1998 2:29:00 AM
From: eabDad	Read Replies (1) \| Respond to of 132070

John: The time to have invested in y2k stocks was in 1997 and early 1998. By mid-1998, the valuations were being questioned on the basis of cash flow falloff after 1999. PEs of stocks like KEA went from 50-70 to 30-40, and some into the 20s - the core business valuation. KEA stock may be rocky in 1999 as analysts point out that their y2k biz will shrink after 1999, and that their core business will likely not make up the difference to keep growth levels up. KEA is the premier blue chip of the enterprise software and services area. Picking it up at a PE of 30 is good value long term. Z