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Technology Stocks : Y2K (Year 2000): Is Wall Street & Banking Vulnerable?
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To: C.K. Houston who wrote (75)7/19/1999 4:15:00 PM
From: John Mansfield   of 158
 
'...The banking systems in Asia leave a lot to be desired. The FSA has recently criticized one Japanese Life Company for failing to be Y2K compliant. Where the Japanese banks may stand on Y2K is not quite known. Distortions are likely into the first quarter of next year due to Y2K outside of the US. After that, the major problems with Y2K should be known and on the mend. Therefore, we must still be concerned about a correction truly starting in September and extending into early 2000 even in the US markets. '
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pei-intl.com
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