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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Jeffrey S. Mitchell who wrote (8058)11/24/1997 2:06:00 PM
From: Skeptic  Read Replies (2) of 13949
 
The logic flaw in your argument is that the Y2K software problem facing many small businesses was of their own doing.

It doesn't matter whose fault it is. My point is that if a company isn't managed well enough or doesn't have the resources to get the problem fixed in the next two years, then maybe losing them isn't so bad.

How in the heck does having these businesses go under help our economy? Small business employs the majority of the workforce.

After the initial disruption, the resources contolled by those businesses (including the employees) will be redeployed where they can be used more efficiently.
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