Discuss Year 2000 Issues Message Board

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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote ()	8/9/1999 12:35:00 PM
From: Jim	Read Replies (1) of 9818

Current Merrill Lynch report about the Y2K issue. canada.ml.com Merrill Lynch says there are really two Y2K problems. The first, that of actually fixing systems, is apparently largely being solved. Even in the emerging markets, information and awareness have improved markedly. The second Y2K problem is based on what is feared: How serious do consumers (both corporate and individual) think that the Y2K problem will be and will their responses exacerbate or ameliorate the situation and affect fund flows? In the United States, worries about Y2K are so few (the typical exception ?the government) that it is beginning to look like the "Millennium shrug" the costs of Y2K failure could be very large but they must be measured against a probability which is actually very small."

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