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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Philip H. Lee who wrote ()12/23/1999 7:21:00 AM
From: long-gone  Read Replies (1) of 13949
 
Should someone consider shorting many offerings from China?

Wednesday December 22 8:24 AM ET
China Plans 3-Day Y2K Holiday

BEIJING (AP) - China has ordered a three-day New Year's holiday and prohibited foreign ships from entering Chinese ports for two days to minimize disruptions from possible Y2K computer failures, the state-run China Daily reported Wednesday.

Under the order from the cabinet, or State Council, China is expanding the usual one-day holiday. China's last day of business for 1999 will be Dec. 30 and government agencies and businesses won't reopen until Jan. 3, the newspaper said.

Having geared up belatedly, Beijing has focused on critical agencies and industries, leaving many business and local governments unprepared.(cont)
dailynews.yahoo.com
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