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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (4699)	3/29/1999 11:20:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

PLAT was devalued mostly due to being misunderstood by investors and by short-sellers. . . they were considered a top-tier Y2K. . .but recently all the Y2K stocks have been getting seriously shorted and sold-off. PLAT's value was considered to be up over 25, yet they were selling for under 10. I believe this is due to a misunderstanding that PLAT was PRIMARILY a Y2K company. . .which is hardly the case. . . they are a full service software company, with many facets. So is CHRZ, that was selling at 44 last year, then suddenly with no bad news or reason, the price began to plummet. Now it is around 11. And guess what. They do more than Y2K, too. . . again a full-service software solutions company. In fact, last year they began to focus some of their efforts on E-commerce solutions. Could CHRZ follow in the same footsteps as PLAT? If not, I still see it moving higer from these levels. Many Y2Ks are ONLY Y2Ks. . .and I really don't think there will be another major pop for them. . .unless we see some serious fallout from the closing of the first calendar year. . .which we will know about by the end of this week. If no significant failures by Friday, I don't think we will see Y2K strength, though all it takes is one well placed story to get the speculators to drive them up artificially for some quick profits. . . this I do expect to see several more times before the end of the year. Rande Is