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To: Gottfried who wrote (1845)	10/1/1999 11:06:00 AM
From: Iceberg	Read Replies (1) of 1894

This from the Financial Times today... "It was another nervous, twitchy day for London's equity market yesterday as the possibility of three interest rate rises next week - in the US, UK and Europe - continued to deter all but the most optimistic investors. There was no real surprise at the reluctance of most fund managers to take a chance in markets as the third quarter drew to a close and the fourth quarter - which is expected to see a slowdown in activity because of caution about the millennium bug - starts." [emphasis mine] ------------- My question is this.... Will the markets behave erratically in the 4th quarter due to the so-called "millennium bug"? Any if so, when might the slowdown start, and how severe is it likely to be? Any opinions? Ice Reference: ft.com

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