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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (9140)	7/7/1999 10:22:00 AM
From: Buddy Smellgood	Read Replies (1) of 57584

Y2k: Most states recently switched to a new fiscal year without y2k problems. I've got a buddy working on Y2k preparedness for Los Angeles waste water systems. He's not saying there won't be problems, but says very few the systems with date functions, in his area of expertise, fail under y2k. They record the date wrong but they keep working. Many y2k problems will and have occurred well before the actual January 1 boogey-man date. Some will happen after. I just don't see Y2K as a scenario that Tommy Lee Jones could star in (in the U.S.) How y2k plays in the East and affects us here is another matter. It's not Y2k that is so much the problem, it's the perception of the problem. I'm hoping people do freak. I'd love to buy. If people think that January 1 is a meltdown date, then the question is when will they pull money off the table? A week before, a month before? Will we be able to point at it and say, "hmmm, a y2k sell off." Buddy

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