Y2K (Year 2000) Stocks: An Investment Discussion Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffrey S. Mitchell who wrote (8064)	11/24/1997 4:10:00 PM
From: Skeptic	Read Replies (1) of 13949

Where does all the extra money the Fortune 500 will spend on Y2K fixes come from... The scarce resources in Y2K remediation are programmers and engineers. Money will be diverted from other areas to pay these people. Tools vendors add value by making them more productive and the IT service companies are really people brokers that collect transaction fees for matching the buyers and sellers of the services. They will both benefit, but not nearly as much as most of their stock prices imply. The level of economic activity probably doesn't change much. It just flows in a different direction. The real risk is a serious disruption of worldwide economic activity in which everyone loses.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next