Discuss Year 2000 Issues Message Board

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Technology Stocks : Discuss Year 2000 Issues

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To: flatsville who wrote (6121)	6/24/1999 10:19:00 AM
From: Howard Clark	Read Replies (3) of 9818

Another Y2K investors survey: 2000 WORRIES: More than 10% of mutual-fund investors say they plan to cash out of their funds by year end because of year-2000 computer-glitch concerns, according to a study released Wednesday. In the survey of 1,000 mutual-fund shareholders, two marketing companies found that 39% of investors were highly concerned about the impact of Y2K computer issues, while 14% said they will sell shares by December because of their concerns. Most people are keeping their concerns about year-2000 problems under control, though. Sixty percent of survey participants said they were only "slightly" concerned or "not concerned" about the Y2K issue, though 16% of those investors said they would check their investments more frequently toward the end of the year. Participants had $5,000 or more in mutual-fund assets outside a tax-deferred account, and they ranged in age from 45 to 65 years old, according to DeRemer Associates and Prince & Associates. Here's the link for those who subscribe to WSJ interactive, but the above is the entirety of the Y2K-related portion of the article. interactive.wsj.com

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