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Technology Stocks : 2000: Y2K Civilized Discussion

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To: B.K.Myers who wrote (424)8/27/1999 8:52:00 PM
From: Jeff Mizer  Read Replies (1) of 662
 
garynorth.com
Michael Hyatt on Navy Report,Koskinen and spin...

excerpt-
The document Mr. Lord used was dated June 1999. While it now
appears that there is a newer version of the report, I don't consider a
report that is less than eight weeks old "sadly out of date." Certainly,
there hasn't been that much improvement in the data in this brief time
to make us dismiss the initial report and say, "Gee, I guess there's
nothing to worry about."

More importantly (as Mr. Lord pointed out on his website earlier this
week), when the survey was current, "John Koskinen was roaming the
country telling everyone to prepare for a 3-5 day inconvenience." In
other words, the government and the military are preparing for Y2K
based on a worst-case scenario while you and I are being told to
prepare based on a best-case scenario. What's wrong with this
picture?
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