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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Joss who wrote (4633)8/11/1997 5:26:00 PM
From: Roger A. Babb   of 9285
 
Steve, thanks for your y2k comments. I am continually amazed by the growing y2k myths. The sequence is something like the following:

1. All Cobol programs will fail.
2. All software will fail.
3. All computer hardware will fail.
4. All imbedded processors will fail (cars, vcrs, etc)
5. All semiconductors will fail, I heard a radio talk show where listeners were told to buy old tube type radios at yard sales because transistor radios will not play after year 2000. Also should buy older cars or convert new cars back to older ignition systems with no solid state components.
6. Tapes will still work in a tube type player but no cd's will work.
7. Gas furnances will work but electric heat pumps will not. But you must use propane because natural gas will not be available.
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