SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Discuss Year 2000 Issues
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: C.K. Houston who wrote (5969)6/9/1999 5:44:00 PM
From: Christine Traut  Read Replies (2) of 9818
 
Cheryl:

Thanks for the reference to another excellent column by David Eddy. His sense of bafflement matches mine.

CNET posted an article at 10:30 PST this morning titled "Microsoft's Ballmer sees Y2K slowing PC sales"

<NEW YORK--Microsoft president Steve Ballmer said he sees sales of personal computers slowing in the next 12 months because consumers fear the Year 2000 bug.

Sales of other computing devices will boom in the next several years as more people get connected to the Internet through handheld devices or Internet-connected televisions, said Ballmer, speaking at a PaineWebber Growth & Technology conference here.>

news.com

As far as I can tell, the market ignored Ballmer's comment. Especially the intriguing juxtaposition of Ballmer seeing the future as non-PC devices right after talking about Y2K. Think that he might have visions of Y2K non-compliant, never to be compliant buggy PCs running DOS, Win 3.1, 95 and 98 turned into boat anchors?

It is continually amazing that Wall Street believes only what they want to believe and ignores industry executives (Ballmer, McNeally, Grove) making public statements about Y2K slowdowns.

It's morbidly fascinating in its own way. What are people going to do when reality finally has to assert itself into this optimistic fantasy world?

Christine
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News