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Technology Stocks : Intel Corporation (INTC)
INTC 40.34-2.6%3:59 PM EST

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To: Jim McMannis who wrote (94794)1/1/2000 12:05:00 PM
From: Tony Viola   of 186894
 
Jim, I don't know from " government scare tactics about terrorism." Not my area.

I guess the question that begs an answer is whether or not all the billions spent on preparation cured the problems? And how
much of it was necessary.


Most of the billions spent was probably on upgrades in HW and SW that would have been done eventually anyway. That makes necessary or not moot, doesn't it? Good for our techstocks too! A good example of the Y2K bugaboo actually doing a company a favor might be in their tossing a pre-1988 or so (when they were definitely non-compliant and no plans to fix) mainframe and all its SW and peripherals, and upgrading to Sun or better still, Intel based HW.

Like you say, we'll find out a lot of the rest of the answer on Monday.

Tony
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